Scott Alvarez News
-
Federal Reserve General Counsel Scott Alvarez said “more work remains to be done” to curb the perception that the largest banks are too big to fail.
-
The Federal Reserve’s chief attorney said central bank supervisors reviewing a trading loss of at least $2 billion at JPMorgan Chase & Co. haven’t found other weaknesses, such as handling of risk, at the firm.
-
The Federal Reserve’s chief attorney said a two-year delay in identifying recipients of emergency loans from the central bank is appropriate and that a shorter lag may harm the financial system and U.S. economy.
-
U.S. House members criticized regulators yesterday for failing to detect JPMorgan Chase & Co.’s loss of at least $2 billion on risky derivatives trades and pressed for additional measures to ensure similar losses don’t occur in other banks.
-
Jennifer Cavallaro’s Twitter feed usually deals with matters like the free-range egg salad she serves at her Beehive Café in Bristol, Rhode Island. On May 17, 2010, she blasted a different message to her followers.
-
Using a secret enforcement tool, federal regulators in 2005 tried to limit the growth of Vineyard Bank, which was making commercial real estate loans in Southern California at almost double the rate of its peers.
-
The Federal Reserve failed to completely account for its authority to conduct the 2008 rescue of American International Group Inc., congressional investigators said.
-
So now we know what it takes for the Federal Reserve to show an interest in rooting out fraud at a too-big-to-fail bank. The Fed must decide that the Fed itself has been defrauded.
-
State and local pensions struggling after years of underfunding and weak investment returns may look even worse under new rules that will limit accounting techniques that hide the extent of liabilities.
-
Former International Monetary Fund chief economist Simon Johnson met with Federal Reserve staff members today and said he doesn’t believe the central bank will heed his call to remove JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon from the New York Fed board of directors.
|
|
Most Popular on Bloomberg
|
| |
Rate this Page