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‘Banks continue to become increasingly less relevant’: the professor who sees a $2 trillion hole in...
Fortune· 5 days agoColumbia Business School finance professor Tomasz Piskorski is one of the leading experts in surveying the post-SVB landscape, as one of the co-authors of a widely read 2023 study estimating ...
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
The Wall Street Journal via Yahoo Finance· 2 days agoThe latest proposal also seeks to protect against a variety of other risks, including the potential...
Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes
Reuters via Yahoo Finance· 5 days agoSenator Steve Daines. It was arranged, paid for and scripted by Goldman Sachs as part of the bank's...
US regulators reconsider capital hike for big banks, WSJ reports
Reuters via Yahoo Finance· 2 days agoRequired increases in capital for banks like JPMorgan and Goldman Sachs meant to ensure they have...
China Real Estate Bailout Spurs Big Gains in Left-Behind Markets
MoneyShow via Yahoo Finance· 1 day agoChinese property stocks rallied last week because there was an official announcement of what was speculated recently – namely, that local governments were going to start buying some of the unsold ...
Jamie Dimon's Lobbying Pays Off? Report Says Regulators Contemplate Significant Reduction In...
Benzinga· 2 days agoThe rumored development comes after big bank CEOs, led by JPMorgan Chase & Co.’s JPM Jamie Dimon,...
Bank regulator's toxic workplace culture overshadows oversight of financial system
CBS Austin· 5 days agoLeaders of the nation’s agencies that oversee the financial industry and system have appeared in...
Biden's banking rules will fuel inflation, lawmakers say
Morningstar· 6 days agoThe banking industry has pulled out all the stops in its fight against new regulations that it argues will raise consumer prices for utilities, groceries and housing - and its campaign is convincing ...
Dow closes above 40,000 for first time ever
CNN Business via Yahoo Finance· 4 days agoThe worst day was Sept. 29, 2008, when the Dow lost what was then a record 778 points after Congress rejected a $700 billion bank bailout. The ...
Upturn in Egypt's economic fortunes tempered by caution on reform
Reuters· 5 days agoAfter two years of chronic foreign currency shortages, Egypt has secured a windfall of funding...