Sunday, July 14, 2024

TOPICS

Home Authors Posts by Elizabeth Dexheimer

Elizabeth Dexheimer

29 POSTS 0 COMMENTS

Biggest rollback of bank rules since Dodd-Frank clears House; Citizens, Santander...

NEW YORK - The U.S. House has approved a sweeping overhaul of bank regulations, sending to President Donald Trump a bill that will give...
RICHARD CORDRAY, director of the Consumer Financial Protection Bureau will step down at the end of the month. / BLOOMBERG FILE PHOTO/ANDREW HARRER

CFPB’s Cordray to step down, allowing Trump to remake agency

NEW YORK - Richard Cordray will step down as the head of a controversial consumer watchdog at the end of the month amid growing speculation...
MORE THAN ONE THIRD OF U.S. Senators want to investigated Equifax executives for insider trading following their massive data breach. /BLOOMBERG FILE PHOTO/ANDREW HARRER

Dozens of senators seek investigation of Equifax stock sales

NEW YORK - More than one-third of U.S. senators want the Securities and Exchange Commission and the Department of Justice to get to the bottom...
THE TRUMP ADMINISTRATION is moving to further delay part of an Obama-era fiduciary rule. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump administration seeks further delay in labor fiduciary rule

NEW YORK - The Trump administration is moving to further delay part of an Obama-era rule to require brokers who offer retirement advice to...
A WALL STREET street sign is displayed in front of the New York Stock Exchange. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

House Republicans pass bill to rip up post-crisis bank rules

NEW YORK - House Republicans made headway on President Donald Trump’s pledge to dismantle post-crisis financial rules by approving a sweeping bill Thursday that...
GARY COHN, the director of the U.S. National Economic Council, surprised U.S. senators in a closed-door meeting by saying that it may be a good idea to bring back the restrictions of the Depression-era regulatory regime of the Glass-Steagall Act.

Cohn said to back separation of Wall Street business lines

WASHINGTON - In a private meeting with lawmakers, White House economic adviser Gary Cohn said he supports a policy that could radically reshape Wall...

Victorious Donald Trump is devil Wall Street doesn’t know

WASHINGTON - Donald Trump, the financial sector hardly knows ye. During the campaign, a group of bankers from around the country -- plane tickets in...

U.S. regulators request probes into leak of banks’ living wills

WASHINGTON - U.S. regulators have asked their internal watchdogs to examine how assessments of banks’ plans for winding down during a potential bankruptcy ended...

RBS raises $2.6B selling last Citizens Financial shares

WASHINGTON - Royal Bank of Scotland Group PLC, the lender that spun off Citizens Financial Group Inc. last year, raised $2.6 billion with the...
CITIZENS CEO Bruce Van Saun said that Royal Bank of Scotland Group Plc is reducing its stake in the company at a faster pace than expected. / PBN FILE PHOTO/TRACY JENKINS

Citizens declines as profitability drops, RBS sale planned

PROVIDENCE - Citizens Financial Group Inc. fell the most since last year’s initial public offering after the lender lowered profitability forecasts and Royal Bank...
- Featured Event -

Latest News