Financial Reform

Legislative and corporate efforts to make reforms in the global financial system took place after the financial crisis of 2008 and 2009.

Headlines Around the Web

Derivatives reform

May 04 - Financial Times

'Reforms to be adapted to local conditions'

Jan 18, 2011 - Business Standard

MatlinPatterson takes on ex-KeyCorp team

Nov 07, 2010 - Financial Times

Why one angry banker is suing the Fed

Oct 15, 2010 - CNN Money

Articles About Financial Reform

A Goldman Sachs sign is seen on at the company's post on the floor of the New York Stock Exchange
Goldman Looks on the Bright Side of Volcker Rule

By Reuters

Wall Street has been lashing out against the Volcker rule since it was proposed, but a senior Goldman Sachs executive said on Wednesday the trading restriction might actually help the investment bank's profitability. (Feb 08)

MORE TOPICS: FEDERAL RESERVE, GOLDMAN SACHS, JPMORGAN CHASE, MANAGEMENT, CREDIT SUISSE, INVESTMENT

Treasury Secretary Timothy Geithner
Financial Regulation Has Momentum in 2012: Geithner

By IBTimes

U.S. Treasury Secretary Timothy Geithner sounded a relatively cautious note on the state of capital markets regulation reform Thursday, detailing the work various branches of the federal executive have done, what the results had been so far, and what expectations he held for 2012. (Feb 02)

MORE TOPICS: BARACK OBAMA, TIMOTHY GEITHNER

Tea Party Tax Day protest
Romney's Florida Win Draws on Tea Party, Illuminating Movement's Role

By IBTimes

Mit Romney has been dogged from the early days of his campaign about his ability to connect to the Tea Party voters who were instrumental in reshaping the political landscape in 2010, but in the Florida primary he captured a large portion of the Tea Party vote. (Feb 02)

MORE TOPICS: BARACK OBAMA, FREDDIE MAC, FANNIE MAE, CALIFORNIA, WHITE HOUSE, FLORIDA

Skepticism rises around SEC fiduciary rule

By Reuters

Financial industry observers are increasingly skeptical that the U.S. Securities and Exchange Commission's planned proposal to require a uniform fiduciary standard for all financial advisers will become a reality this year, if ever. (Jan 31)

MORE TOPICS: BARACK OBAMA, SEC, ELECTIONS, HOUSE OF REPRESENTATIVES, MANAGEMENT, INVESTMENT

Bank's Tucker says banks must reclaim proper role - report

By Reuters UK

Banks must reclaim their "rightful place" in a market economy and be subject to progressive regulations that keep up with changes in the industry, Bank of England Deputy Governor Paul Tucker wrote in the Financial Times on Tuesday. (Jan 30)

MORE TOPICS: BANK OF ENGLAND

michelle
School Lunch Guidelines Released: More Fruits and Veggies, Healthier Pizza

By IBTimes

School lunch standards received their first overhaul in 15 years on Wednesday, as the U.S. Department of Agriculture released standards that would increase the amount of fruits, vegetables and whole grain foods served to 32 million students. (Jan 25)

MORE TOPICS: MICHELLE OBAMA

Michele Bachmann
Michele Bachmann Running for Re-election

By IBTimes

Rep. Michele Bachmann (R-Minn.) confirmed on Wednesday that she will seek a fourth term in Congress, ending speculation that she use springboard from an unsuccessful presidential run to a media role. (Jan 25)

MORE TOPICS: BARACK OBAMA

The logo of the Bank of America is pictured atop the Bank of America building in downtown Los Angeles
Group calls for U.S. to break up Bank of America

By Reuters

A group of consumer advocates, academics and economists want to end "too-big-to-fail" banks, starting with Bank of America Corp. (Jan 25)

MORE TOPICS: FEDERAL RESERVE, BANK OF AMERICA, CIVIL RIGHTS, NEW YORK, MORTGAGE

U.S. President Obama puts hand on shoulder of Cordray during trip to Cleveland
Obama Recess Appointments Get First Legal Challenge - From Health Care Law Foe

By IBTimes

The National Federation of Independent Business is challenging President Barack Obama's controversial recess appointments to the National Labor Relations Board. (Jan 16)

MORE TOPICS: COURT, SUPREME COURT, LAWSUIT, MORTGAGE

Bank of Canada Governor Carney speaks in Montreal
FSB's Carney Rejects Calls to Delay Bank Reforms

By Reuters

Financial Stability Board Chairman Mark Carney on Sunday rejected calls from the banking industry to delay planned tougher capital rules for lenders, saying such a move would not spur strong growth. (Jan 15)

MORE TOPICS: EUROPEAN CENTRAL BANK, G20

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