1. Dimon Says Stringent Capital Requirements Are Impeding US Growth And US Banks Should Not Be Held To International Standards
(Matching tags: banks,Congress,Federal Reserve)

Banks have become flush with cash in their efforts to prepare for stringent capital requirements handed down by Congress.   JPMorgan Chase & Co. CEO Jamie Dimon says the capital buildup ...

2. Housing Market Is Economy's Bright And Shining Star But What Will Fix The Housing Finance System?
(Matching tags: economy,mortgage debt,banks)

Everything has sounded pretty rosy for the housing market as it has become the focus of hope for the economic recovery.   But the housing finance system isn’t shining quite as brightly. ...

3. Fed Portfolio Stands To Lose Half A Trillion Dollars If Interest Rates Rise Suddenly
(Matching tags: banks,Federal Reserve,Treasury)

If interest rates rise suddenly, the Fed could lose half a trillion dollars. That’s the difference in the December 31, 2012 value of the Fed’s portfolio and its projected value three years ...

4. US Accounting Standards Still Allow Four Largest Banks To Hide Real Risks, Fueling Push To Converge With International Standards
(Matching tags: banks,bank of america,derivatives)

The chairman of the Federal Deposit Insurance Corporation (FDIC) wants to put a warning label on banks. Thomas Hoenig wants to label the four largest US lenders as being much bigger than they appear. ...

5. Emails From Libor Scandal Reveal Nonchalance Of Traders And Submitters In Rate Manipulation
(Matching tags: banks,fraud,interest rates)

The Libor scandal has reportedly involved 16 banks, three of which have already made settlements involving fines of over $2.5 billion collectively.   The Financial Services Authority (FSA) ...

6. Big Guns Of State And Local Governments As Well As US Justice Department Joining Forces In Investigation Of US Banks Involved In Libor Scandal
(Matching tags: banks,fraud,interest rates)

The fallout from the Libor rate manipulation scandal threatens to leave banks liable for billions of dollars despite any settlements with regulators.   Eric Schneiderman, New York Attorney General, ...

7. Hackers Breach Federal Reserve Security Through Vulnerable Point In Vendor Product
(Matching tags: banks,Federal Reserve,security)

The Federal Reserve is the latest victim of a cybersecurity breach.   The Fed acknowledged on Tuesday February 5 that information had been hacked through a temporarily vulnerable point in a ...

8. The Other US Deficit: Trust, The Universal Underlying Economic Growth Factor
(Matching tags: deficit,banks,economy)

Trust is not only the most vital factor in the financial advisory business; it’s the backbone of the economy. And it's the other US deficit.   Trust is the single common ingredient ...

9. The Other US Deficit: Trust, The Universal Underlying Economic Growth Factor
(Matching tags: banks,fraud,economy)

  Trust is not only the most vital factor in the financial advisory business; it’s the backbone of the economy. And it's the other US deficit.   Trust is the single common ingredient ...

10. SIFMA Lobbies Against Labor Department Mandate To Spin Off Bank Derivatives Departments
(Matching tags: banks,SIFMA,sec)

... Rule would place severe restrictions on banks’ ability to invest in the markets for their own accounts as well as limit their exposure to hedge funds and private equity. ...

11. Hybrid Bonds Enhance Bank Balance Sheets, Offer Investors Better Yields Than Senior Debt
(Matching tags: banks,European debt,markets)

Corporations in Europe are offering investors a different way to counter the low interest rate environment and are also doing themselves a favor.   A new type of bond—called a hybrid—combines ...

12. Bank Of Japan Makes Bold Statement About Taking Action To Defeat Long-Entrenched Deflation But Will Anything Really Be Different This Time?
(Matching tags: banks,world economy,markets)

In a seemingly epic regime change in managing macroeconomic policy, Japan’s prime minister Shinzo Abe declared openly its commitment to turning its debilitating deflation into 2% inflation. ...

13. Europe's Finance Ministers Meet Today To Figure Out How To Implement ESM And Other Policies Decided In 2012
(Matching tags: banks,European zone,European debt)

European finance ministers are meeting today, January 21, to begin enacting policies that will unify the region’s banking system and funnel needed funds to countries with distressed economies. ...

14. Transcripts Of Fed Meetings During 2007 Show How The Disposition Of Fed Officials Went From Sanguine To Alarm As The Year Progressed
(Matching tags: banks,Federal Reserve,interest rates)

Fed meeting transcripts from 2007 were released on Friday and portray the transformation of a seemingly disinterested Fed to one of growing angst that quickly became emergency mode.   Meeting ...

15. Buffett Says Banks Are No Longer Economic Threat And Will Be Worth Signficantly More Nine Years From Now
(Matching tags: banks,debt,Dodd-Frank)

Berkshire Hathaway’s Warren Buffett has pronounced that the nation’s banks have now rebuilt capital to the point where they no longer are a threat to the economy.   He says bank ...

16. New Mortgage Lending Rules To Be Announced January 10 That Will Distinguish Qualified And Unqualified Mortgages
(Matching tags: Dodd-Frank,banks,mortgage debt)

Mortgage lenders will hear new consumer protection rules to be announced on Thursday, January 10, that prohibit them from offering deceptive teaser rates and requiring no documentation from would-be ...

17. Another Milestone In The Comeback Of The American Economy
(Matching tags: investment strategies,banks,Economic Outlook,economy)

With two of the nation’s banking behemoths agreeing today to pay $18 billion in civil penalties for laxity leading up to the mortgage-debt crisis of 2008, the U.S. has passed yet another milestone ...

18. Basel Committee On Banking Supervision Delays Implementation Of Basel III For Europe And US And Relaxes Asset Restrictions
(Matching tags: banks,regulation,world economy)

Central bank chiefs across the globe agreed to delay implementation of the Basel III liquidity requirements that would have mandated a total of 7% in loan loss and other reserves for banks.   ...

19. Banks May Get Litigation Protection As Regulators Revamp Mortgage Lending Rules
(Matching tags: banks,mortgage debt,regulation)

Regulators are revamping the rules that govern the way banks make mortgage loans. In the process, they’re making it harder for homeowner to sue them.   The rules are designed to bolster ...

20. Europe Agrees On Unified Oversight Of Banks And Releases Next Installment Of Greek Aid
(Matching tags: banks,European zone,world economy)

An all-night session that ended Thursday morning yielded agreement to unify supervision of European banks under the European Central Bank (ECB). Between 100 and 200 banks will be placed under the newly ...