Banking
Yellen’s Confirmation as Fed Chair Will Leave Easy-Money Policies, Risks Intact
The Senate’s overwhelming vote to approve Janet Yellen to become the next chair of the Federal Reserve puts...
Senate sets Monday Vote on Janet Yellen to Head Fed
Janet Yellen moved toward final approval as the Federal Reserve's next chair after the U.S. Senate set a...
Japan’s Second-Biggest Bank Punished over Loans to Organized Crime
The Mizuho Financial Group will face a significant shake-up of its management team in March, due to a...
Sales of Bank-Owned Properties Climb
Residential property sales for bank-owned properties increased for the third consecutive month in November.
Goldman Sachs Dodges $40 Billion-Bullet
Wall Street stalwart Goldman Sachs narrowly escaped having an enormous chunk of its revenue curtailed by the Volcker...
Volcker Rule Released Tuesday. Final Version Brings Disruption, Uncertainty to Bank Hedging.
The final version of The Volcker Rule, a requirement of the 2010 Dodd-Frank Wall Street Reform Law, will...
$2.3 Billion in Fines for Euro-Rate Rigging
The European Commission (EC) handed down its largest fines ever, totaling $2.3 billion, for interest rate rigging.
British Finance Minister Asks for Broader BoE Powers
British Finance Minister Asks for Broader BoE Powers (Reuters) The Bank of England (BoE) has been asked by...
RBS Appoints Clifford Chance Law Firm to Probe its Lending Practices
Royal Bank of Scotland Group Plc (RBS) chose a law firm, Clifford Chance LLP, to investigate whether the...
Barclays: European Shares to Double in Five Years
The venerable Barclays Bank of England published a report claiming that European shares are “significantly underpriced” and could...