The desire among politicians and their regulatory enablers to foist ever=higher capital requirements on banks is relentless, and for being relentless, dangerous. Supporters of regulatory decrees and ...
WASHINGTON - OCTOBER 14: The words "In God We Trust" are seen on U.S. currency October 14, 2004 in Washington, DC. Although the U.S. constitution prohibits an official state religion, references to ...
The global economy is facing its biggest set of challenges since the financial crisis 15 years ago. Historically high inflation is driving up interest rates around the world, a global economic ...
Federal Reserve Vice Chair for Supervision Michael Barr said Monday he is proposing stricter bank capital requirements in light of three major US bank failures earlier this year. Banks with at least ...
Michael Barr, vice chair for supervision at the Federal Reserve, left, and Martin Gruenberg, chairman of the Federal Deposit Insurance Corp., at a House Financial Services Committee earlier this year.
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Midsize regional banks underwent extreme stress earlier this year, with First Republic and two others failing, yet the biggest banks in the US may be the ones hit with tougher regulatory rules. The ...
The ECB is eliminating roughly 40 of 130 bank reporting requirements and downgrading governance guidance, signaling a major ...