AMSTERDAM (Reuters) -Europe should avoid the temptation of easing bank regulation and should instead tighten rules for parts of the financial sector now enjoying easier rules, some of the continent's ...
The banking system is sound, but tailoring and easing some regulations will allow banks to compete with non-bank financial institutions, Federal Reserve Vice Chair for Supervision Michelle Bowman said ...
Past efforts to restructure bank supervision have been derailed by politics and agency turf wars. It remains to be seen whether the Trump administration is willing to spend the political capital ...
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday his department will play a greater role in banking regulation to better balance costs and benefits and ensure that ...
Modernization of the bank regulatory system is essential, but it is a task that requires precision and thoughtful application of some basic principles, writes Gene Ludwig, of Ludwig Advisors. It is ...
Banks are not fans of heavy regulation. Few companies or individuals are. Paying attention to rules takes time, effort, and money. Although sometimes unnecessary and overzealous, quite often ...
Ireland’s top banking supervisor warned of a need to stick with high standards of financial regulation particularly now when there is increasing pressure to ease them amid trade wars, geopolitical ...
(Bloomberg) -- Washington’s matrix of banking regulations, in the view of Wall Street lending giants, has long been overly complex and burdensome. Since the start of President Donald Trump’s second ...
Former US President Donald Trump gestures as he returns from a break at the New York State Supreme Court during the civil fraud trial against the Trump Organization, in New York City on December 7, ...
The Trump administration is preparing a shake-up of anti-money-laundering rules, in an effort to overhaul a system for catching illicit transactions by drug traffickers, terrorists and other criminals ...