Study finds mixed views on effectiveness of TBTF policy
US Government Accountability Office identifies three examples where senior bank executives might have benefited from their positions on regional Federal Reserve boards
SEC's appointment of new chief financial officer follows criticisms last year from the US Government Accountability Office
Continuing fiscal strain has heightened concerns over the fate of the new municipal monoline bond insurers.
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Assistant secretary for financial stability Neel Kashkari defended the US Treasury against accusations of poor oversight of the $700 billion Troubled Assets Relief (Tarp) programme in front of the House of Representatives' financial services committee...
The US Treasury has failed to provide oversight of vital parts of its $700 billion Troubled Assets Relief Program (Tarp), according to a report issued today by the US Government Accountability Office (GAO).
The new report from the US's Government Accountability Office has much common sense in it.
GAO urges regulatory to press ahead with the implementation of Basel II
The US notice of proposed rulemaking (NPR) has finally been published.
Paul Atkins, a commissioner at the US Securities and Exchange Commission (SEC), has renewed his criticism of the regulator’s hedge fund registration rule – due to go into effect in February 2006.
The General Accounting Office has recommended that bank regulators take additional measures to adequately enforce laws against the tying of commercial credit to more lucrative investment banking business, despite a lack of hard evidence to support accusations...
Congressman John D. Dingell, the indefatigable Democrat from Michigan, has embarked on a crusade against the practice of 'tying' – where banks use loans to secure further business.
Under increased scrutiny, the industry has banded together to prevent what it sees as costly and constrictive business continuity regulations.