Cryptocurrencies

Bitcoin was Russian hackers' currency of choice, U.S. says

07/13/18

For years, bitcoin believers have tried to distance the digital coin from the perception that it's only used for criminal activity. New insights into Russian meddling in the U.S. election aren't helping.

[more]

GOP must move on from dismantling Dodd-Frank, top Republican says

07/12/18

Focus instead on legislation that will prevent the next economic crisis and address technological change, says Rep. Patrick McHenry, a Republican front-runner to become Financial Services Committee chairman.

[more]

Ex-CFPB deputy to guide crypto firms through regulatory thicket

07/12/18

Raj Date’s new firm, FS Vector, will help cryptocurrency firms and digital upstarts navigate Washington.

[more]

PwC held accountable for bank failure; Fed gets friendly

07/03/18

A judge rules the accounting firm should have detected the fraud that brought down Colonial Bank; Fed deal with Goldman and Morgan Stanley shows softer side.

[more]

Finally, good news for Wells; Deutsche faces more problems

07/02/18

The bank can pay out 40% more than it is expected to earn; the German bank’s stock slide may lead to its removal from a major European bank index.

[more]

Stress test recap; Payments deal near

06/29/18

Deutsche Bank failed and Goldman Sachs and Morgan Stanley restrained; antitrust lawsuit brought by retailers may be near a resolution.

[more]

Bank stocks slide; Amex teams with Amazon

06/27/18

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card.

[more]

Fed may change stress test grading; Amex wins

06/26/18

Pass/fail may be replaced by public capital ratio; high court allows company to prevent merchants from favoring other cards.

[more]

Mulvaney unfazed as immigration policy clouds CFPB nomination

06/20/18

The acting agency chief defended the “zero tolerance” policy while praising the permanent CFPB nominee suspected of having been involved in implementing it.

[more]

The 'tyranny of success'; Wells to revamp wealth unit

06/19/18

Morgan Stanley CEO, New York Fed chief caution against failing to remember what caused the financial crisis; Wells Fargo may combine its two big wealth management businesses.

[more]