Ken Phelan stresses importance of credit risk management in key Treasury role
Spelling mistakes and mathematical errors in bailout reports
Bank pays fine for mortgage fraud in the lead-up to the financial crisis
The US has taken an aggressive stance in prosecuting those involved in the financial crisis. The Special Inspector General for the Troubled Asset Relief Program (Sigtarp) has so far jailed 43 individuals for fraud, waste and abuse related to Tarp. Prosecutions...
Special inspector general says agency to stay until at least 2020
Federal Reserve proposals limiting counterparty risk could put RBS and the UK government in one pot – potentially forcing US banks to cut exposure to both
Christy Romero appointed after approval from President and Senate
Former Tarp special master doubts limits will change compensation behaviour
Sigtarp has called on the US Treasury to aid smaller banks in exiting Tarp
SEC charges former UCB executives with failing to disclose losses that led to the bank crashing in 2009
A new pull for CoCos
Lee Farkas, former chair of TBW, has been sentenced to 30 years and ordered to pay back $38.5 million
Two New Yorkers have been handed prison terms for their part in a $60 million fraud
Sigtarp says: "This is the most significant criminal prosecution to date rising out of the financial crisis"
Delroy Davy convicted of bank fraud, sentenced to 14 years in prison
2008 US bailout programme succeeded, but not without problems
Tarp oversight panel warns that bank incompetence threatens financial system
AIG investment cut from $45 billion loss to $5 billion loss following accounting change, report claims
Bank accused of suffering from a 'boys’ club' mentality
The Chinese sovereign wealth fund has committed to the US Federal Reserve that its interest in Morgan Stanley will remain a passive investment and that it has committed to not exert controlling influence over the bank
Government support for mortgage market growing despite "unconvincing" results, report finds
Last year's Scap stress tests for US banks were a one-off, the Fed chairman said today.