AFR in the News: Does More Need to be Done About ‘Too Big To Fail?’
AFR’s Marcus Stanley was interviewed by Peter Barnes of Fox Business News on March 11.
Tag Archives: Volcker Rule
AFR in the News: Don’t Call Us Systemically Important, Says MetLife
MetLife CEO Steve Kandarian warns of dire consequences if large insurance companies are designated systemically important and deserving of special oversight. Such a move, he said, “could disrupt an entire industry just as the economy is regaining its footing.”
AFR in the News: The Road Forward on Financial Reform
Two and a half years after passage of the Dodd-Frank Act, two-thirds of its mandated rules have yet to be issued, and more than a hundred of its deadlines have been missed, writes Mark Gongloff of the Huffington Post. “Meanwhile, no banker has yet gone
AFR Letter: Resolution Plans Fall Far Short
More specificity and disclosure are needed in the big banks’ “living wills.”
AFR Calls for Implementation of a Strong Volcker Rule
AFR urges regulators to strengthen their original proposal and not to be swayed by exaggerated industry concerns about market liquidity.
It’s Past Time to Implement the Volcker Rule, Senators Say
Senators Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) have appealed to regulators to finish work on the Volcker Rule, which was meant to prevent banks from engaging in hedge-fund style trading. That basic principle has been “the law of the land for over two years,”
AFR in the News: Banks Say Regulators Should Rewrite Basel III Capital Rules
In a 181-page letter to federal regulators, the American Bankers Association, the Financial Services Roundtable, and the Securities Industry & Financial Markets Association take aim at a set of proposed rules intended to ensure compliance with new international capital standards. Regulators should have “conducted an
AFR in the News: Talking Populist, Walking Plutocrat: Paul Ryan on Dodd-Frank and the Volcker Rule
In a little noted speech to his constituents in May, Paul Ryan decried the “crony capitalism” that he said, prompted the big bank bail-outs of 2008 (though he himself voted for the TARP, and he himself gets massive campaign contributions from big financial firms).
A speech by Federal Reserve Governor Sarah Bloom Raskin on the need for a final Volcker rule stronger than the proposed rule…
Governor Sarah Bloom Raskin At the Graduate School of Banking at Colorado, Boulder, Colorado July 23, 2012 How Well Is Our Financial System Serving Us? Working Together to Find the High Road Thank you for inviting me to the Graduate School of Banking at
Tell Regulators to Learn the Lessons of JP Morgan and Implement a Strong Volcker Rule
The news has been full of stories of JP Morgan’s unexpected losses on risky derivatives bets. Losses started at $2 billion just a week ago. But now they are clearly in excess of $3 billion, potentially $5 billion, and possibly even more. These losses remind