Sheila Bair News
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With enthusiastic endorsements from top U.S. financial regulators, a Memphis, Tennessee-based organization has signed up 250 banks in 47 states to fund a program dedicated to fighting crime in nursing homes.
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The U.S. House Financial Services Committee approved legislation that would let banks keep commodity and equity derivatives in federally-insured units by removing part of the Dodd-Frank Act’s so-called push-out rule.
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Sometimes a single fact stands out amid all the clutter, offering a flash of insight and clarity. Here is one of them: Citigroup Inc. Chief Executive Officer Vikram Pandit is a co-chairman of the World Economic Forum’s annual meeting this week in Davos, Switzerland.
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Former Federal Deposit Insurance Corp. Chairman Sheila Bair, in testimony to U.S. lawmakers, pushed for stiffer global limits on how much banks can borrow.
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Ex-Federal Deposit Insurance Corp. Chairman Sheila Bair is a top candidate among state officials to ensure banks comply with any settlement of a nationwide foreclosure probe, a person familiar with the matter said.
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An Ernst & Young ShinNihon LLC committee will determine whether there were auditing problems or lapses in judgment in its probe on the coverup of a $1.7 billion fraud at Olympus Corp.
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John Harder, a 65-year-old farmer with 7,500 acres in Iowa, said he’s taking out new loans almost every month as profits surge and land prices reach records.
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Federal Deposit Insurance Corp. Chairman Sheila Bair said rules adopted in Europe to restrict bankers’ bonus payments are a move in the right direction.
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U.S. lawmakers could harm the financial system if they fail to give regulators money and power to implement the Dodd-Frank Act, Federal Deposit Insurance Corp. Chairman Sheila Bair told lawmakers at a hearing in Washington.
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Lobbyists for U.S. banks say a proposed ban on proprietary trading will cost companies and investors more than $350 billion. Some economists and fund managers say the claim is greatly exaggerated.
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