-
Breaking Down The Dodd-Frank Act
Thursday, October 1, 2015 - 4:28pm | 652Read More..."No law can force anybody to be responsible; it’s still incumbent on those on Wall Street to heed the lessons of this crisis in terms of how they conduct their businesses." Barack Obama It Was A Dark And Stormy Year… For the economy, at least. The financial crisis that...
-
Analyst: TD Ameritrade, Charles Schwab Could Benefit From This Secular Shift
Friday, March 27, 2015 - 4:09pm | 422Read More...An increasing shift by clients to registered investment advisors from more costly, full-service brokerages could boost the fortunes of both Charles Schwab Corp (NYSE: SCHW) and TD Ameritrade Holding Corp. (NYSE: AMTD), an analyst said Friday. Citing that trend, RBC's Bulent Ozcan initiated...
-
CFTC Commissioner Bart Chilton Talks Benefits Of New Global Swaps Regulations
Friday, July 12, 2013 - 3:48pm | 211Read More...The Commodities Futures Trading Commission's Bart Chilton pushed to pass new regulations on swaps trades on a global scale on CNBC's Squawk Box Friday morning. Today, the regulations passed 3-1. Related: Sen. Elizabeth Warren (D-MA) Defends 21st Century Glass-Steagall Act "We are doing a cross-...
-
S&P Takes the Axe To Banks; Shares Drop (CS, DB, BCS)
Wednesday, July 3, 2013 - 8:26am | 651Read More...S&P cut the debt ratings of three of Europe's largest banks late Tuesday as new rules and "uncertain market conditions" threaten business across the continent. Barclays (NYSE: BCS), Credit Suisse (NYSE: CS), and Deutsche Bank (NYSE: DB) all had their credit ratings cut one notch. Downgrades...
-
Steve Bartlett: Dodd-Frank Act, More Laborious than the Panama Canal
Wednesday, March 14, 2012 - 7:41am | 312Read More...Steve Bartlett sees the Fed Stress test as an all-around success, showing that the nations biggest banks are far better capitalized, and with much less risk than three years ago. However, while the Dodd Frank Act has brought forth some needed reform, it also contains some excesses that will need...
-
Organizational Shakeup in U.S. Unit of Deutsche Bank Expected (DB)
Wednesday, April 13, 2011 - 5:24am | 152Read More...Seeking to avoid potentially expensive financial regulation, Deutsche Bank (NYSE: DB) is planning to restructure its U.S. operations, the Wall Street Journal is reporting. Multiple banks with a U.S. presence have had to alter operational strategies in light of the Dodd-Frank Act financial bill....
-
Beware the Far-Reaching Nature of Fin-Reg (XOM, MUR, APC)
Wednesday, August 11, 2010 - 11:35am | 168Read More...The Wall Street Journal is reporting this morning that insiders in the Energy sector are hitting the ceiling this morning as they find out that the recently passed Dodd-Frank Act will have implications that reach much further than the financial sector. Apparently one provision in the bill orders...
-
Citigroup Grapples With the Volcker Rule (C)
Wednesday, July 28, 2010 - 9:10am | 102Read More...Bloomberg is reporting that Citigroup (NYSE: C) may be moving its proprietary traders (prop traders) into its hedge-fund unit in a bid to become compliant with the “Volcker Rule” provision in the Dodd-Frank Act. These prop traders would be moved to the hedge-fund unit, where the bank would set up...
