Dick Bove, Rafferty Capital VP of equity research, reacts to the Fed's decision to give banks an extra 2 years to conform to the part of the Volcker Rule that would force them to sell "riskier" forms of debt.» Read More
MUMBAI, May 30- Hailed as a troubleshooting "James Bond" of central bankers amid India's currency crisis last year, Raghuram Rajan was given a licence to kill inflation with higher interest rates and drive a programme of monetary policy reforms.
MUMBAI, May 30- Hailed as a troubleshooting "James Bond" of central bankers amid India's currency crisis last year, Raghuram Rajan was given a license to kill inflation with higher interest rates and drive a program of monetary policy reforms.
PALO ALTO, Calif., May 29- The U.S. "Inflation is always and everywhere a fiscal problem," declared John Cochrane, a professor at the University of Chicago, speaking at Stanford University's Hoover Institution.
WASHINGTON, April 29- The U.S. House of Representatives approved a bill on Tuesday that would scale back the Volcker rule to exempt a type of securities that banks want to keep on their books. Representative Andy Barr, a Kentucky Republican who introduced the bill, called it a "a bipartisan clarification that fixes a regulatory problem" in a statement after the vote.
WASHINGTON, March 20- A U.S. bank regulator on Thursday said the Volcker rule could cost the industry a one-time annual charge of up to $4.3 billion, the first cost estimate by a regulator for the ban on banks betting on markets with their own money.
NEW YORK/ ABU DHABI, March 4- Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Bernanke was paid at least $250,000 for his first public speaking engagement, in Abu Dhabi, since stepping down in January, according to sources familiar with the matter.
Though the Federal Reserve’s stimulus efforts have wide approval among investors and bankers, some argue its policies distort and harm the economy.
CNBC's Kayla Tausche reveals why regulators have gone back to the drawing board on certain parts of the Volcker Rule, and what it means for the banks.
CNBC's Mary Thompson reports regulators are reviewing a ban on banks holding certain debt securities, and explains how this will impact smaller banking institutions.
Former Fed Chair Sheila Bair shares her thoughts on the Volcker Rule and weighs in on the state of the banking sector. CNBC's Rick Santelli provides perspective.
Three Fed chairmen from different eras: Paul Volcker, Ben Bernanke and Alan Greenspan. CNBC's Steve Liesman provides insight.
Looking back on 100 years of the Federal Reserve, with Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow and CNBC's Steve Liesman.
The Federal Reserve is marking 100 years today with speeches from all living Fed Chairmen: Paul Volcker, Alan Greenspan and Ben Bernanke. Ylan Mui, The Washington Post; Greg Ip, The Economist; and CNBC's Larry Kudlow, discuss.
CNBC's Kate Kelly reports how the tougher rules under the Volcker Rule are impacting banks.
CNBC's Eamon Javers breaks down the 5 key exemptions of the Volcker Rule, including underwriting and risk mitigated hedging.
CLSA research analyst Mike Mayo shares his views on the Volcker Rule and says that "there's always ways for smart bankers and lawyers to get around" such precise regulations.
Discussing the Volcker Rule and the improvements made to make the legislation stronger, with CNBC's Rick Santelli and Sheila Bair, former chair of the FDIC.
The FDIC has voted unanimously to approve the Volcker Rule. CNBC's Eamon Javers details the compliance issues.
CNBC's Rick Santelli discusses if the Volcker Rule will address the issues of "too big to fail."
Anton Schutz, Mendon Capital Advisors president & CIO, and Jeffery Harte, Sandler O'Neill principal, discuss the Volcker Rule and what legal challenges could arise.