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19 Feb 2015, 1:39 am by Grayson C. Weeks
Historically, many of the world’s most important banking institutions (and banking regulators) have been based in the United States. [read post]
11 May 2014, 9:05 pm by Walter Olson
Furor grows over Obama administration’s Operation Chokepoint program chilling bank access for legal but disfavored groups [Iain Murray, Elizabeth Nolan Brown, FDIC list (not just payday lenders but also lawful purveyors of pills, guns, ammunition, and much more.] [read post]
5 Apr 2011, 6:04 am by Rebecca Tushnet
Bank of America claimed preemption by the National Bank Act (NBA). [read post]
20 Sep 2014, 9:05 pm by Walter Olson
SEC regs suppress small business capital formation and that’s a shame [Commissioner Daniel Gallagher via Bainbridge] Federally sponsored gripe site for financial institutions not likely to end well [Hester Peirce and Vera Soliman, Mercatus via Kevin Funnell] Alleged terror payments “routed through” sued bank also went through major New York banks, which shouldn’t be surprising [Fisher] Did mid-level managers in securitized mortgage finance know they… [read post]
9 Jan 2013, 1:27 pm by Securites Lawprof
The SEC today charged three former bank executives of Commonwealth Bank with understating millions of dollars in losses and masking the true health of the bank's loan portfolio at the height of the financial crisis. [read post]
2 Sep 2009, 3:50 am
Credit Suisse Private Banking head Walter Berchtold said the bank is on the look out for acquisitions, but would not comment on whether this included a bid for private banking assets of ING. [read post]
12 Aug 2016, 8:45 am by D Daniel Sokol
ABSTRACT: This paper examines the effect of increased market concentration of the banking industry caused by the Riegle-Neal Interstate Banking and Branching Efficiency Act (IBBEA) on the... [read post]
16 Jul 2010, 2:55 am by By DEALBOOK
Banking supervisors published draft rules on Friday that will force banks around the world to build up extra capital in good times, but gave no hint of what level of funds banks would be required to hold, Reuters reported. [read post]
15 Feb 2012, 6:00 am by JA Hodnicki
ABSTRACT: In this paper I revisit the debate on the impact of bank and market characteristics on the rigidity of retail bank... [read post]
15 Feb 2012, 6:00 am by JA Hodnicki
ABSTRACT: In this paper I revisit the debate on the impact of bank and market characteristics on the rigidity of retail bank... [read post]
27 Oct 2010, 4:17 am by By DEALBOOK
Christopher Flowers won U.S. approval to buy a two-branch bank in New Jersey, in a rare bank takeover by a private-equity fund manager that may revive a debate about such investors' role in the banking system. [read post]
2 May 2015, 4:00 am by Gerry W. Beyer
As I have previously discussed, Regina Rice, caregiver of the late Ernie Banks, was court ordered to produce an accounting of Banks' estate as part of the ongoing probate battle with Banks' estranged wife. [read post]
Since open banking was first implemented in the UK through the PSD2 and the Open Banking Standard in 2018, jurisdictions around the world have adopted their own approaches, and the concept has gained momentum internationally. [read post]
8 Oct 2014, 8:43 pm by Sabrina I. Pacifici
In the pre-recession period, banks lend 38 percent of incremental deposits; however, during the downturn, banks favor liquid assets and lending allocations fall to 22 percent. [read post]
6 Aug 2009, 7:37 am
In the search of explanations for the dramatic collapse of the stock market capitalization of much of the banking industry in the U.S. during the credit crisis, one prominent argument is that executives at banks had poor incentives. [read post]
25 Mar 2014, 3:51 pm by Sabrina I. Pacifici
A Special Issue on Large and Complex Banks Volume 20, Number 2, March 2014 Do Big Banks Have Lower Operating Costs? [read post]
11 Aug 2009, 7:08 am
“HSBC Bank failed to deliver on promises of gifts to customers who deposited $50,000 or more in “Premier Relationship” accounts, but the bank reported the nonexistent gifts to the IRS, so depositors had to pay taxes on stuff they never got, according to a class action in Superior Court. [read post]