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Federal Reserve stress tests evaluate banks' ability to withstand severely adverse scenarios like the Great Recession. But the next downturn may pose different problems, according to Tony Hughes of Moody's Analytics.
July 25
Moody's Analytics -
Morgan Stanley agreed to pay $275 million to resolve a U.S. regulators claim the company misled investors in the sale of more than $2.5 billion of bonds backed by home loans.
July 24 -
A highly anticipated government report due to be released July 31 is expected to say big banks received less of a subsidy from the perception that they are "too big to fail." But it remains uncertain whether that would continue to be true in a future crisis or if market conditions change.
July 23 -
The company has been under consideration as systemically important for more than a year, and its executives have met more than 10 times with council staff members to argue it doesnt pose a risk.
July 23 -
After the Federal Reserve Bank of New York was said to have faulted the regulatory reports of some of the firms U.S. businesses last year, the bank dropped in Frankfurt trading.
July 23 -
Credit Suisse Group AG said it will abandon commodities trading as a $2.6 billion fine to settle a U.S. tax investigation pushed the Swiss bank to its biggest quarterly loss since 2008.
July 22 -
If youre concerned that the Federal Reserve will derail the bond market when it finally starts raising interest rates, the last two tightening cycles suggest those worries may be overblown.
July 21 -
Since the Affordable Care Act became law in 2010, many of the tax provisions have slowly come into effect. The year 2014 brings some additional significant tax provisions associated with health care reform.
July 21 -
Credit Suisse Group AG is poised to report its biggest quarterly loss since the collapse of Lehman Brothers Holdings Inc. after being fined $2.6 billion for helping American clients evade taxes.
July 21 -
Treasuries fell for the first time in three days, with benchmark 10-year yields rising from a seven-week low, as haven demand ebbed a day after a Malaysian airliner was shot down over Ukraine.
July 18 -
Democratic and Republican lawmakers are cooperating on legislation that would lift some of the secrecy around the U.S. council that decides which companies pose the biggest risks to the financial system.
July 16 -
Banks that want to stay ahead of the digital curve should consider hub-and-spoke branch models, products that blend digital and physical services and innovation labs that allow creative thinkers to experiment - and even to fail.
July 15
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The Justice Department's $7 billion deal with Citigroup is likely not the last big government maneuver to penalize banks for faulty mortgage-related practices leading to the financial crisis.
July 15 -
JPMorgan Chase CEO Jamie Dimon plans to be involved running the bank at a less intense pace as he fights throat cancer and said that the company is prepared for all scenarios.
July 15 -
More small banks are engaging on social media and are finding ways to highlight their community involvement, promote their personalities and better connect with customers.
July 15 -
Reducing the number of Home Loan banks would lower the cost of advances for community banks, leaving them with more money to lend out to their communities.
July 14
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Citigroup agreed to pay $7 billion in fines and consumer relief to resolve government claims that it misled investors about the quality of mortgage-backed bonds sold before the 2008 financial crisis.
July 14 -
Unless we return the Farm Credit System to its original mission, taxpayers could be on the hook for a bailout in the near future and farmers access to credit could be reduced, writes Rep. Marlin Stutzman.
July 9
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The news that JPMorgan Chase chief Jamie Dimon has curable throat cancer should remind all banks that medical issues involving executives are something many companies will have to face. Here are four things every bank should remember in planning for such events.
July 3 -
Goldman Sachs Group Inc. was accused by two former employees seeking to expand their lawsuit of discriminating against women while male colleagues engaged in binge drinking and took clients to strip clubs.
July 2