Regional banks slide after Fed’s Kashkari advocates ‘significantly further’ capital regulation
Minneapolis Federal Reserve President Neel Kashkari favors getting tougher on regional banks, following a crisis earlier this year that he…
Fitch warns it may be forced to downgrade dozens of banks, including JPMorgan Chase
A Fitch Ratings analyst warned that the U.S. banking industry has inched closer to another source of turbulence — the…
Lloyd Blankfein says he ‘can’t imagine’ returning to Goldman Sachs
Former Goldman Sachs CEO Lloyd Blankfein said he couldn’t imagine returning to his old firm, disputing a news report that…
UBS to pay $1.4 billion over fraud in residential mortgage-backed securities
Swiss bank UBS agreed to pay a combined $1.4 billion in civil penalties over fraud and misconduct in its offering…
UBS ends Credit Suisse’s government and central bank protections
UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a…
These charts show what has Moody’s worried about regional banks including U.S. Bank and Fifth Third
The Moody’s ratings downgrades and outlook warnings on a swath of U.S. banks this week show that the industry still…
Goldman Sachs says chief of staff John Rogers to step back from longtime role
A key Goldman Sachs executive known as a power broker internally and in political circles is stepping back from some…
Banks hit with $549 million in fines for use of Signal, WhatsApp to evade regulators’ reach
U.S. regulators on Tuesday announced a combined $549 million in penalties against Wells Fargo and a raft of smaller or…
Moody’s cuts ratings of 10 U.S. banks and puts some big names on downgrade watch
Moody’s cut the credit ratings of a host of small and midsized U.S. banks late Monday and placed several big…
Italian bank shares slide after government surprises with windfall tax
Italian banking shares took a beating on Tuesday morning after Italy’s cabinet approved a 40% windfall tax on lenders’ “excess”…
