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3 May 2007, 4:04 pm
No fewer than 17% of bank employees are in this happy bracket.Even sweeter, all of this is tax-free to non-Americans. [read post]
27 Aug 2014, 5:05 am
In this American Banker article, Luse Gorman’s John Gorman discusses his concerns about – and opposition to – suggestions made by academics and others that bank directors’ fiduciary duties be broadened in the risk oversight area. [read post]
30 May 2013, 12:02 am
New York Times DealBook: Switzerland to Allow Its Banks to Disclose Hidden Client Accounts, by Lynnley Browning: The Swiss government said on Wednesday that it would allow its banks to disclose information on American clients with hidden accounts, a watershed move intended to help resolve a long-running dispute with the... [read post]
30 Nov 2022, 5:16 am
” That report recommends that the U.S. study the feasibility of an American CBDC to determine whether creating one would even be in the U.S. [read post]
23 Feb 2011, 9:30 am
The letter was signed by representatives of the American Bankers Association, the ABA Securities Association, and the Clearing House Association.Section 975 of Dodd-Frank establishes a system of dual registration with the SEC and the MSRB that will require covered municipal advisors to comply with rules of business conduct, ongoing education requirements, and a fiduciary duty to their municipal entity clients. [read post]
16 Jul 2021, 12:43 pm
In April, the regulator had imposed similar restrictions on American Express Banking Corp. and Diners Club International Ltd. [read post]
5 Sep 2011, 10:42 am
Banks.] [read post]
16 Feb 2023, 12:01 pm
Winnie van Dijk (Harvard, NBER) presents Eviction and Poverty in American Cities (with Robert Collinson (Notre Dame; Google Scholar), John Eric Humphries (Yale; Google Scholar), Nicholas Mader (Chapin Hall), Davin Reed (Federal Reserve Bank of Philadelphia; Google Scholar), Daniel Tannenbaum (Nebraska; Google Scholar)) at UCLA today as part of its... [read post]
10 Oct 2022, 2:43 pm
Instead, some turn Americans away in an effort to avoid these additional reporting requirements. [read post]
3 Jun 2020, 9:05 pm
More than 40 million Americans have filed for unemployment benefits over the last three months, as job gains of the last decade have evaporated instantly. [read post]
9 Jun 2009, 8:11 pm
Ten banks, including JP Morgan Chase, Morgan Stanley, American Express, Bank of New York Mellon, BB&T Corp, Capital One, Northern Trust, State Street, U.S. [read post]
13 Nov 2011, 5:13 pm
For this reason, European banks have been classified as bearing lower risks than its American counterpart for an unjustifiably long time, even after the financial crisis. [read post]
7 Mar 2009, 3:16 pm
Think Progress: The [Newsweek] poll also contains the interesting and “somewhat surprising” finding that a majority of the American public supports nationalizing the banks: Temporary nationalization is another way for the federal government to deal with large banks in danger of failing. [read post]
4 Jan 2009, 7:41 pm
After noting the difference between recent articles in The American Banker (which takes the position that community banks are looking to lend to any borrower they can get their hands on) and by Reuters (which reveals data that shows that banks are not lending to consumers), the blog's author takes the politically incorrect position that banks shouldn't be lending; instead, they should be hoarding capital.Whatever the spin, it would be a mistake to start… [read post]
7 Jul 2020, 3:33 am
” The hearing focused on stablecoins and the prospects for a US central bank digital currency, or CBDC. [read post]
4 Nov 2015, 5:47 pm
Two professional associations - the American Society for Reproductive Medicine and the American Association of Tissue Banks - provide guidelines that include additional screening, but those are only recommendations. [read post]
18 Nov 2009, 12:51 pm
Bank Clothiers Inc. yesterday, by an ex-employee, alleging racial discrimination against African-American employees in over 140 stores across the western region of the United States. [read post]
29 Nov 2011, 8:52 am
If the Committee wants to make a distinction between the margin requirements for bank end users and other end users, emphasized the ABA, then the Committee should consider imposing only variation margin for end-user banks, rather than both initial and variation margin requirements. [read post]
13 Oct 2010, 10:01 am
"American families should not have to worry about losing their homes to sloppy bureaucratic mismanagement or fraud," said panel Chairman Christopher Dodd. [read post]
17 Mar 2011, 3:00 am
Many wealthy Americans have taken advantage of banking secrecy in other countries, particularly Switzerland, to hide their assets and income from the United States, thus avoiding paying their fair share of taxes on their riches. [read post]
