Tag:
Federal Reserve
Latest Headlines
Latest Headlines
Bank of America wraps up asset sales
Bank of America's efforts to raise capital and stay in line with Federal Reserve expectations on Basel III compliance was driven in large part by robust sales of non-core assets. When people pressed
Fed proposal holds big surprises
The 173-page proposal from the Federal Reserve issued this week contained some surprises. Chiefly, the Fed has proposed new limits that could restrict business between big institutions. The net
Fourth round of stress tests coming
The stress test has become a favorite tool of the Federal Reserve and regulators in general. Such tests of big banks have several benefits, as they make clear that the Fed is actively monitoring bank
Counterparties reassess risk of derivatives
You could sense the fear over big U.S. banks just recently, as the European debt crisis heated up and concerns mounted about just how exposed banks were. Stocks tanked yet again, taking prices well
Goldman Sachs, Morgan Stanley not likely to ditch holding company status
Recall that at the height of the financial crisis, Goldman Sachs and Morgan Stanley converted to bank holding companies, in part to gain access to Federal Reserve liquidity programs that helped them
PIMCO aims to buy more bank stakes
How's this for bullishness on banks? PIMCO has set up an investment fund to buy distressed banks. The $2.3 billion fund has already set its sights on a deal. According to Reuters, the Federal Reserve
Capital One begins defense of ING Direct deal
Will the government allow the Capital One-ING Direct merger to proceed? That's the question du jour, as the first of three Federal Reserve Board meetings got underway. The big issue on the surface is
Can Brian Moynihan save Bank of America?
At this time of extreme uncertainty, you have to applaud Bank of America CEO Brian Moynihan and Gary Lynch--the bank's top lawyer--for taking time out of their schedules to talk to Bloomberg
Worries mount about European banks
As bad as circumstances are for U.S. banks right now, they are even worse for their European counterparts, which have been the subject of mounting speculation and fear. The fact is that the very
Fed prepares for new approach on credit rating agencies
And the alternative to credit ratings would be what exactly? This has been a big question since the 2007 financial crisis, and the subsequent tarring and feathering or credit rating agencies. Their
