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New regulations mean banks lose workers

Aug 3, 2011
Job cuts announced by HSBC, Barclays and others already total close to 50,000 globally. Why so much pain in the financial sector? From London, Marketplace's Stephen Beard reports.
Posted In: Banks

Explainer: What is the repo market?

Jul 28, 2011
Stock markets have up until now seemed less than bothered by the nation's debt-ceiling drama. But the so-called "repo market" on Wall Street shows that confidence is wavering.
Posted In: Banks

FDIC waits for new director

Jul 26, 2011
The FDIC has important roles to fulfill under the Dodd-Frank Act, in preventing systemic failures of big banks. But it needs a new director to replace Sheila Bair to get its part done.
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MetLife to sell its banking operations

Jul 21, 2011
Insurance giant MetLife says the move to shrink is aimed at avoiding regulatory scrutiny for financial firms deemed "too big to fail."
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How the Dodd-Frank rules are made

Jul 21, 2011
One year after President Obama signed the Dodd-Frank Act, more than 300 new rules for the financial sector are on the way. How banks and other interests go about shaping them is fairly straightforward, at least to start: Write a letter. Get in line to talk to the rule-makers.
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How the Consumer Financial Protection Bureau will help

Jul 20, 2011
The Consumer Financial Protection Bureau is set to launch this week. What will be its purpose?
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Bank of America earnings disappoint

Jul 19, 2011
An expensive mortgage-backed security settlement and a balance sheet still weighed down by bad loans contributed to a $9 billion second-quarter loss for the largest bank in the country.
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Is the ratings agency model broken?

Jul 18, 2011
Julia Coronado, chief economist with the investment bank BNP Paribas, talks about the ratings agency S&P's possible downgrade of U.S. credit, and what ratings agencies mean to modern markets.
Posted In: Banks

Analysts dismiss flawed stress tests

Jul 18, 2011
In a series of stress tests conducting in Europe, 82 out of 90 European banks were deemed strong enough to survive another financial crisis. But are the tests asking the right questions?
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Could bank profits translate into jobs?

Jul 14, 2011
The second-largest U.S. bank said it earned more than $5 billion last quarter, as New York bureau chief Heidi Moore explains.
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