House subcommittee scrutinizes diversity at biggest banks

Feb 12, 2020
Reforms after the financial crisis haven't brought dramatic change.
Has Wall Street really become more diverse since the 2008 recession?
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Why American banks are hammering the competition

Jul 23, 2019
Big U.S. banks have European banks beat. But many of the struggles European banks are facing could start affecting American banks soon.
JP Morgan Chase headquarters in New York City.
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The Volcker rule, explained

May 30, 2018
Today, the Federal Reserve is scheduled to take a step toward revising the Volcker rule. That’s the regulation, hated by the big banks, that limits risky trading practices. The Fed is one of five federal agencies that needs to weigh in on any changes. Click the audio player above to hear the full story. 

Fed Board of Governors to consider changes to Volcker rule

May 29, 2018
The Federal Reserve on Wednesday is expected to take up a proposal to relax the Volcker rule. That’s the measure passed in 2010 as part of the Dodd-Frank financial reform law. Big banks say the Volcker rule, which is designed to protect depositor money from risky investments, is too expensive and constraining. Click the audio […]

Small and midsize banks could get a big boost under new banking bill

May 23, 2018
Only the biggest financial institutions will be required to hold extra cash reserves to counterbalance risk.

House approves partial rollback of some Dodd-Frank regulations. Are we ready?

May 22, 2018
The House of Representatives Tuesday approved a bill that dials back some of the banking regulations put in place after the financial crisis. Among other things, it raises the threshold for which banks are considered to be big (“systemically important financial institutions,” as they are called). It also reduces some reporting requirements for banks regarding […]

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Could the 2008 financial crisis happen again?

Mar 14, 2018
Economists look back on the 2008 financial crisis and the changes in banking regulation that have occurred since.
Midtown buildings are reflected in a window at Bear Stearns headquarters March 24, 2008 in New York City. 
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Bear Stearns employees: "Poor, smart and had a deep desire to be rich"

Mar 14, 2018
New York Times reporter Kate Kelly discussed the types of people who worked at Bear Stearns, including CEO Jimmy Cayne.
A man walks out of Bear Stearns headquarters on March 24, 2008 in New York City.
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