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12 Jul 2010, 2:02 am by Mandelman
” Okay, so that’s standard operating procedure at Bank of America, right? [read post]
8 Aug 2016, 1:04 pm by Alice Taylor
The report also flags that while the Basel LR standard fits well with the EU banking sector, the same cannot be said for all business models covered by other EU prudential regulations. [read post]
30 Sep 2011, 10:44 pm
All of this allowed investment banks to push out high-risk investments before the tougher criteria were implemented. [read post]
20 Jun 2008, 10:38 pm
The MOU will provide one mechanism for two of the critical agencies with responsibilities in this area to gain a broader and continuous perspective on key financial institutions and markets that could impact the stability of the financial system.The MOU will also provide a framework for bridging the period of time until Congress can address through legislation fundamental questions about the future of investment bank supervision, including which agency should have supervisory… [read post]
13 Nov 2020, 8:50 pm by Matthew Gregory (UK)
Regulation 2019/876 introduced Article 36(4) into the CRR, which requires the European Banking Authority (EBA) to develop draft regulatory technical standards specifying the application of the deductions related to software assets from Common Equity Tier 1 items. [read post]
10 May 2010, 11:07 am by James Hamilton
Investor Groups Oppose Legislative Accounting Standards in Senate Reform BillIn a letter to Senate leadership, investors groups opposed any effort to legislate accounting standards in the financial reform bill, S 3217, that is moving through the Senate. . [read post]
1 Mar 2011, 11:26 pm by V.D.RAO
The reply of the bank must indicate application of mind by the bank that the decision of the bank in classifying the account as NPA was fully in conformity with the prudential norms of RBI. [read post]
15 Mar 2015, 7:35 pm by Bill Stalter
Now that a judgment has been rendered against Allegiant Bank, the NPS litigation will move on to the appeal stage where the focus will be on R.S.Mo. [read post]
18 May 2021, 9:00 am by Mindy Harris
It is clear that under these guidelines, if finalized, fintechs and other non-bank companies wishing to pursue and maintain Fed access will be held to standards substantially similar to those imposed by supervisory authorities on traditional financial institutions in numerous respects. [read post]
20 Aug 2012, 4:27 am by Lawrence Solum
The most recent effort to eliminate McCulloch’s theory of preemption, according to this article, §1044(a) of the Dodd-Frank Act, which provides detailed standards governing the power of the OCC to preempt state law. [read post]
12 Jun 2020, 3:33 pm by Tom Smith
With that, HSBC—which is short for Hong Kong Shanghai Banking Corp. [read post]
29 May 2014, 7:00 am by Andrew Abramowitz
  Reg FD was intended to combat the practice by public companies of providing material information selectively to favored contacts, such as investment bank analysts, which provided a trading edge to the clients of the banks over small investors who didn’t have access to such information. [read post]
24 Aug 2015, 1:04 pm by Robin Shea
 “No” used to be standard advice, but that isn’t practical any more. [read post]
29 Sep 2022, 9:06 am by Jochen Vester (UK)
On 29 September 2022, the Basel Committee on Banking Supervision (Basel Committee) published a report concerning a review of margining practices. [read post]
30 Sep 2013, 8:22 am by Editorial Board
On September 23, the National Credit Union Administration (as liquidator for the Southwest Corporate Federal Credit Union and Members United Corporate Federal Credit Union), filed nine separate suits in the federal district court for the Southern District of New York against several investment banks for a total of $2.4 billion. [read post]
11 Oct 2017, 2:31 am by Simon Lovegrove and Jack Prettejohn
In addition, the EBA is starting work on guidelines to strengthen banks’ NPL management, building on the work done by the European Central Bank; the EBA notes that in order to support the necessary changes in banks’ liability structures and enhance their resolvability, it is important that the proposed revisions to the Bank Recovery and Resolution Directive are finalised and that resolution authorities provide clear indications on individual minimum… [read post]