News Topic: regulation-reform

There’s no question that that banking industry owes a solid to government policymakers for bailing them out of the crisis. What’s still much in dispute is whether the Dodd-Frank Act and the various other salves that have been applied to stave off another ... Read full article

A study by The Clearing House Association found that a proposed leverage ratio would force banks to raise $200 billion in capital or shed roughly $3.7 trillion in assets. The study also found that the leverage ratio would be a binding capital rule for ... Read full article

A recap of the informed opinions (and the discussions they generated) on BankThink this week. ... Read full article

The Federal Reserve Board now demands that big banks proactively manage reputational, strategic and compliance risks – qualitative things they traditionally viewed as outside their control. The new discipline will serve banks well. ... Read full article

Regulators need to get cracking on Dodd-Frank rules, and the Fed needs a chairman who understands the impact of policies on the middle class. ... Read full article

With proposals afoot in both chambers of Congress, and President Obama moving the issue to the forefront, we can dramatically modernize our country’s housing finance system. ... Read full article

The first thing President Obama should have done after Larry Summers’ withdrawal was nominate Janet Yellen to be Fed chairman. Appointing the first woman to lead the Fed should be a historic moment. Obama has turned it into a consolation prize. ... Read full article

Incessant lawsuits and enforcement actions convert a taxpayer problem into a shareholder concern, immune to lobbying efforts. The surge will lead to restructuring efforts, including spinoffs, as managers seek to simplify operations and improve ... Read full article

Having one risk expert on the board’s risk committee is better than none, but a bit like having a general physician in an operating room when a heart surgeon, oncologist or anesthesiologist is needed. ... Read full article

Policy reform efforts will fall short until bankers at the largest institutions stop worshiping complexity, prioritize service and long-term relationships, and encourage employees to pipe up rather than hide problems. ... Read full article

Having one risk expert on the board’s risk committee is better than none, but a bit like having a general physician in an operating room when a heart surgeon, oncologist or anesthesiologist is needed. ... Read full article

A recap of the informed opinions (and the discussions they generated) on BankThink this week. ... Read full article

Jim Bruce, the director of a new documentary on the Fed, said Summers "doesn’t really have a background… in central banking" while praising Yellen’s character and integrity. ... Read full article

Most of the five-year retrospectives on the financial crisis were pretty boring, according to Editor-at-Large Barbara A. Rehm. But a few were very revealing about the industry’s future, including the massive onslaught of rules still on their way. ... Read full article

A 1999 memorandum explains why the DOJ refrains from prosecuting large financial institutions for their blatant regulatory violations, but why does it refrain from going after the employees who behaved badly? ... Read full article

Through bitter experience, bond purchasers learned about the moral hazard embedded in private residential mortgage-backed securities and their grossly inadequate legal protections. ... Read full article

With the general push for more capital, liquidity, regulatory knowledge, and tools, the financial sector is safer and more competitive. ... Read full article

Filmmaker Jim Bruce has produced a devastating documentary that uses Fed veterans, such as Peter Fisher, to explain how the central bank pumps up asset bubbles. ... Read full article