Enter multiple symbols separated by commas

Congress Financial Reform


  • A bid by China to rein in its "shadow banking" activity is producing results, thanks to slowing economic growth and tighter regulation.

  • Banker pay must stop encouraging misconduct: Carney Monday, 17 Nov 2014 | 2:31 AM ET
    Mark Carney, governor of the Bank of England, at the bank's quarterly inflation report news conference in London, on Wednesday, Aug. 13, 2014.

    Repeated scandals at banks' trading desks show the sector's compensation must be regulated to stop encouraging misconduct, BOE Gov. Mark Carney said.

  • Lloyds bank to cut 9,000 jobs: Sources Thursday, 23 Oct 2014 | 1:24 AM ET

    Lloyds will next week announce plans to cut 9,000 jobs over the next three years, sources familiar with the matter told Reuters.

  • Treasury takes a big step to fight dirty money Friday, 1 Aug 2014 | 2:07 PM ET

    Treasury is proposing a new regulation to make the financial system more transparent, says Undersecretary David Cohen.

  • Wall Street elite call for trading fee changes Monday, 28 Jul 2014 | 1:04 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Key Wall Street executives called for reform to some trading fees that could be causing market distortions and increased use of dark pools.

  • Goldman mortgage deal could reach $1.25B: Source Saturday, 26 Jul 2014 | 1:59 PM ET

    The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.

  • Abe shoots 'third arrow': What it entails Tuesday, 24 Jun 2014 | 5:00 AM ET
    Abe shoots 'third arrow': What it entails

    Seijiro Takeshita, director at Mizuho International, comments on Shinzo Abe's new measures and says their benefits won't be felt until next year at the earliest.

  • Bank regulators have gone too far: Dick Bove Thursday, 5 Jun 2014 | 2:43 PM ET
    Dick Bove

    There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.

  • Sallie Mae settles overcharging claims for $60 mln Wednesday, 14 May 2014 | 9:28 AM ET
    U.S. Department of Justice, Washington, D.C.

    Sallie Mae has reached a $60 million settlement with the government to resolve allegations that it overcharged military service members.

  • Dick Bove: The new rulers of the financial system Tuesday, 29 Apr 2014 | 8:33 AM ET
    Dick Bove

    Regulations on big banks have created a vacuum into which alert entrepreneurs have established commanding positions, says bank analyst Dick Bove.

  • National Development and Reform Committee announced that we are ready to launch iron ore futures in Beijing, China.

    China's banking regulator has urged authorities and banks to step up an investigation into iron ore financing deals to minimize default risks.

  • Banks must boost capital by $68B under new rules Tuesday, 8 Apr 2014 | 7:23 PM ET
    JPMorgan Chase headquarters in New York.

    The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday.

  • Will Indian elections pave way for reforms? Thursday, 3 Apr 2014 | 9:14 PM ET
    Will India's elections pave way for reforms?

    John Woods, MD, Head of Fixed Income & Senior Portfolio Manager at Citi Investment Management, discusses the likelihood of India seeing economic reforms post-election.

  • CAT avoided huge tax bill: Report Tuesday, 1 Apr 2014 | 10:43 AM ET
    CAT avoided huge tax bill: Report

    Caterpillar is under scrutiny for its tax strategies as the Senate will be taking a closer look at its tax structures today, reports CNBC's Hampton Pearson.

  • China heading down 'significantly bumpy' road? Monday, 20 Jan 2014 | 5:00 AM ET
    China heading down 'significantly bumpy' road?

    Diana Choyleva, director and head of the U.K. service at Lombard Street Research, says the implementation of necessary financial sector reforms in China will be "unpleasant and very difficult" and lead to "below-trend growth."

  • Taxing times for US business Tuesday, 14 Jan 2014 | 6:35 AM ET
    Taxing times for US business

    Jeffrey LeSage, KPMG vice chairman of U.S. tax practices, discusses tax reform and the key concerns facing business leaders. The likelihood of getting any kind of tax reform from Washington is "pretty small," says Lesage.

  • Watering down of bank reforms is usual: Pro Monday, 13 Jan 2014 | 11:30 AM ET
    Watering down of bank reforms is usual: Pro

    Simon Maughan, head of research at OTAS Technologies, comments on regulators relaxing Basel debt rules.

  • Risk of Beijing losing control over finances: Pro Wednesday, 1 Jan 2014 | 8:30 PM ET
    China's local debt overhang

    Chi Lo, Senior Strategist, Greater China at BNP Paribas Investment Partners, says China's local debt accumulation is unsustainable.

  • Investors unsure, but US economy is strong: AIG CEO Monday, 16 Dec 2013 | 9:09 AM ET
    Robert Benmosche, CEO and president of AIG.

    "When I go around to my fellow CEOs, people are frightened about whether you want to invest in the United States," he said.

  • China's reform resolve in 2014 Tuesday, 10 Dec 2013 | 8:33 PM ET
    China's reform resolve in 2014

    Hao Hong, MD of Research & Chief Strategist at Bank of Communications International, says the real test of Chinese reform is whether the government can sit tight if growth falls below 7% in 2014.