Observers are divided over whether National Economic Council Director Gary Cohn's support for a modernized Glass-Steagall Act is purely opportunistic or sincere. ... Read full article
Access to banking information ensures advisers can perform holistic planning, fintech firms say. ... Read full article
FDIC Vice Chairman Thomas Hoenig's plan to allow large institutions to separate their core banking activities from their investment activities could allow the Trump administration a way to reinstate the Glass-Steagall Act. ... Read full article
In an exclusive American Banker poll, bankers see President Trump as a positive force for the financial services industry and are optimistic his administration can deliver on CFPB reform and simpler capital rules. ... Read full article
An amended proprietary trading ban could limit conflicts for firms with both lending and securities arms, and prevent large banks from using deposits for speculative activity. ... Read full article
President Trump is scheduled Friday to order a review of Dodd-Frank and a halt to the Obama fiduciary rule. A signing ceremony is set for noon following a meeting of more than a dozen top corporate executives. ... Read full article
Whether Glass-Steagall would have prevented the great financial meltdown of 2007 through 2009 remains debatable. Nevertheless, hearing Sandy Weill, who effectively served as the law's official undertaker , essentially call for its reinstatement is ... Read full article
