How Benjamin Lawsky's making big banks pay
How Benjamin Lawsky's making big bank pay.
The hike in capital requirements isn't nearly enough
The hike in capital requirements isn't nearly enough.
Every year, it gives out "dividends" to commercial banks that serve no purpose.
The key question after yesterday's Swiss-bank hearings.
Here are four remaining fights
There are at least four major issues in financial reform that still need to be addressed.
Why the magnetic stripe on your credit card is putting you at risk.
While you were getting that pair of socks you always wanted, the government got an unexpected Christmas present: the first lawsuit seeking to nullify a portion of the Volcker rule, which regulators just finalized a few weeks ago.
Everyone assumed the banks would beat financial reform. They didn't
Everyone assumed the banks would prevail. They didn't.
Mortgage servicing company Ocwen doesn't even have to admit it did anything wrong.
“As a starting point, we think the Proposed Rule is simply too tepid.” That was how Senators Jeff Merkley and Carl Levin opened their February 2012 comment letter to federal banking regulators about the “Volcker rule,” designed to prevent large banks from making risky proprietary trades for their own profit, the kinds of trades that nearly took down the financial system in 2008.