Can financial institutions require clients to waive their class-action rights? The U.S. Supreme Court answered this question in the affirmative in a 2011 decision, but now the matter may be under judicial review. The outcome could change the nature of … Continue reading →
1.The Dog Ate My Regulation. The Fed is Late Delivering the Volcker Rule. When the financial reform was being discussed shortly after the credit crisis, former Fed Chairman Paul Volcker suggested that federally insured banks should not be allowed to … Continue reading →
This week: Merrill Lynch, Barclays, Lloyds Banking, Credit Suisse, Royal Bank of Scotland, HSBC, Bo Brownstein, Amro Holding--and a player to be named later. Continue reading →
This week in financial news: hedge funds, forex, private equity funds, Gupta, and chartered banks. Continue reading →
This week: NY Attorney General, Bank of New York Mellon, Bank of America, House Financial Services Committee, UBS, rogue traders, SEC, FINRA, sub-accounts. Continue reading →
We've rounded up the top five recent news stories on the world of banking that were easy to miss, but may have some lasting impact.
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