Stories Tagged as
Banks
Will Basel III help the U.S.?
by
Bob Moon
Jul 27, 2010
Towards the end of this year, the Basel Committee on Banking Supervision will agree on a third round of bank regulations for safer banking standards around the world. Marketplace's Bob Moon sees what effect Basel III can have on the U.S. financial system.
SEC offers lucrative bounties to whistle-blowers
Jul 27, 2010
Part of the new financial reform law offers big rewards to whistle-blowers who report wrongdoing to the SEC.
Critics target loopholes in financial reform
Jul 27, 2010
Regulators are meeting at the U.S. Chamber of Commerce to discuss major loopholes banks have found in the new financial reform.
Reform clears way for private equity to invest in banks
by
Janet Babin
Jul 26, 2010
The new financial regulation gives private equity firms more latitude to invest in banks, a measure which could mean huge money-making potential.
Treasury hires Morgan Stanley to handle Citigroup shares
Jul 23, 2010
The Treasury is selling Citigroup shares, as the company's way of owing its TARP money, and hired Morgan Stanley to manage the shares for them -- and to help the brokerage out. Marketplace's Nancy Marshall Genzer reports.
Were the E.U. bank stress tests too easy?
by
Bob Moon
Jul 23, 2010
European banks underwent "stress tests," to restore trust in the European banking system during the debt crisis, but some question if the tests were rigorous enough.
Europe's stress test ignoring default scenario
Jul 23, 2010
Regulators in London will give a grade to more than 90 banks in Europe. But critics say the stress tests ignore a eurozone restructuring/default scenario.
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Medicinal marijuana clinics have trouble with banks
Jul 21, 2010
Because of conflicting local, state and federal laws regarding medicinal marijuana, banks are uneasy about allowing clinics to have accounts with them.
U.S. banks paying bulk of U.K. banker bonus tax
Jul 21, 2010
A tax introduced in the U.K. last year to curb the size of bankers' bonuses is creating a windfall for the British government -- and U.S. banks are paying the bulk of it.
Bernanke's options to rev up economy are limited
Jul 21, 2010
Fed Reserve Chairman Ben Bernanke testifies before Congress today about his plans to revive the economy. But he might not have much new data to share.