Barclays told to keep up pressure to reformAdair Turner, chairman of the Financial Services Authority (FSA), wrote to incoming Barclays Chairman David Walker on Thursday to stress that there can be no let up in efforts to reform the bank, a person familiar with the matter said. Walker joined ...
Risky Business Pays Off For Wall Street: Financial Crisis Penalties Pale ...The banks can count the Dodd-Frank financial reform act, some $2 billion in penalties, and occasional criticism from the president and other Democrats among the horrors they have had to endure since the crisis.
Campaign finance reform is urgently neededIn the upcoming months, you're going to see a lot of advertising for political candidates. Even if you avoid watching television, browsing the Internet or reading the newspaper, you'll still be bombarded by campaign signs everywhere on lawns and ...
Bank Lobbyists Launch Super PAC To Weaken Wall Street Reform... Weaken Wall Street Reform | The American Bankers' Association - which represents the biggest banks in the U.S. - will likely vote today to launch a Super PAC to back candidates who favor rolling back provisions of the Dodd-Frank financial reform law.
Obama's new remedy to campaign finance reformCHARLOTTE, N.C. - Pushing constitutional amendments tends to be the province of Republican presidents: to mandate balanced budgets, for instance, or to make abortion illegal.
Compound Interest? Huh. Investors Flunk Key Financial Literacy TestSadly, Americans didn't just flunk this latest financial literacy test; they got almost nothing right. The Securities and Exchange Commission ordered the Study Regarding Financial Literacy Among Investors, as required by the Dodd-Frank financial reform ...
Spain unveils financial reforms, guidelinesMADRID (MarketWatch) - Spain's government Friday approved a set of financial reforms aimed at accelerating reform of the banking sector, hit by a five-year real estate bust.
What would a GOP version of financial reform look like?Republicans don't like Dodd-Frank, but what would happen to financial reform if they were in the driver's seat? Mitt Romney has vowed to repeal it, but many of the law's biggest critics doubt that will happen, even under a GOP Congress and administration.
Spain Offers Financial Reform Plan, Focus Turns to ECBThe Spanish government today approved a set of financial reforms that it hopes will end the country's banking crisis. The proposed reforms will fulfill a commitment by Spain to the European Central Bank in exchange for a bank bailout commitment of $125 ...
The political attack website you didn't know you're paying forThe website's homepage directs visitors to a survey that is meant to explain whether and how financial reforms will impact you.
Mayor Kiesel: More of My Thoughts on Pension ReformCalifornia municipalities are drowning under the financial burden of unsustainable pensions, and I do not believe that hastily-decided reform is in their best interest, nor is it in the best interest of its citizens. We in Foster City have a $21 ...
Ending the Financial Arms RaceLegislative complexity is growing exponentially in parallel. In the United States, the Glass-Steagall Act of 1933 was just 37 pages and helped to produce financial stability for the greater part of seven decades. The recent Dodd-Frank Wall Street ...
India banking strike clouds financial reform hopesThe strike involving mainly staff of state-run banks, who make up around 70 percent of employees in the sector, underscored the opposition to investor-friendly financial reforms that have been pending for years. Foreign ownership of Indian public ...
BancorpSouth Insurance Services, Inc. Announces Addition Of Health Care ...6, 2012 /PRNewswire/ - BancorpSouth Insurance Services, Inc., a subsidiary of BancorpSouth Bank, headquartered in Tupelo, Mississippi, announced today the release of a health care reform calculator to help clients and partners quantify the financial ...
Greece must stick to reform vows, insists GermanyBERLIN: German Finance Minister Wolfgang Schaeuble said on Tuesday that Greece must stick to its reform promises to unlock bailout cash the debt-wracked country needs to stave off default and stay in the eurozone.
Obama Touts Financial Reform as Romney Takes Bankers' ChecksAs Obama takes the stage at Bank of America Stadium in Charlotte to accept the Democratic nomination, some of the political ramifications of the Wall Street Reform and Consumer Protection Act are already on display. Employees in the financial ...
Martin Wheatley to reform selling practices in UK banksMartin Wheatley, Managing Director at the Financial Services Authority (FSA) has said that commission-based sales have goaded British banks to mis-sell financial products to customers and hence sales of financial products should be made commission-free.
Don't Repeal Dodd-Frank, but Don't Crush the Banks EitherSecond, after the massive financial crisis, reforms to restrain excessive risk-taking were essential and Dodd-Frank made a good start on those reforms. At the same time, efforts to blame the entire crisis and the continuing slow economy on Wall Street ...
Dow Chemical to Reform Under New, More Global Business StructureAlso on the Committee are executive vice presidents James Fitterling, Howard Ungerleider and Joe Harlan, as well as Chief Financial Officer Bill Weideman, who will oversee finance, Dow AgroSciences and corporate development. Fitterling, 50, will have ...
Mitt Romney and Consumer Protection RegulationIn fact, one of the most striking things about the new push to undo the consumer-friendly financial reforms that followed the crash is the open contempt its backers show for American democracy.