Years after the financial crisis, many Americans still don't trust Wall Street and the banks with their money. Former FDIC chief Sheila Bair has some advice.» Read More
Former FDIC chair Sheila Bair explains why more capital in the U.S banking system is a competitive strength for our economy.
MADRID, Jan 27- Spain's Santander bank, which is making a big push in the United States, has appointed the former head of the U.S. deposit guarantee fund, Sheila Blair, as an independent board member, it said on Monday.
Economist David Rosenberg suggests Bernanke will be successful in his anti-deflation drive; Sheila Bair criticizes the Fed in her new column on Fortune's website, and some U.S. companies are relocating to Europe in an attempt to reduce taxes, reports CNBC's Becky Quick.
President Obama is in the process of interviewing three candidates for the position at the helm of the central bank: Larry Summers, Janet Yellen, and a dark horse, Donald Kohn.
Former chair of the FDIC Sheila Bair discusses her disappointment with the implementation of Dodd-Frank, and how the mandate could change the industry.
Former FDIC Chair Sheila Bair of Pew Charitable Trusts discusses whether she was surprised by the DOJ's civil lawsuit against Standard and Poor's, and offers her opinion on the LIBOR scandal.
Former FDIC Chair Sheila Bair discusses the future of regulation in regards to the hotel industry and commercial real estate, with CNBC's Simon Hobbs.
CNBC's John Harwood reports according to a source, President Obama will name Jack Lew as the new Treasury Secretary, replacing Tim Geithner as early as tomorrow. Also, reaction to the new appointment from Sheila Bair, former FDIC chair.
Treasury Secretary Timothy Geithner has an opportunity to show some independence from Wall Street in his role as the Obama administration’s lead negotiator in the “fiscal cliff” discussions, former FDIC chair Sheila Bair told CNBC’s “Squawk on the Street” on Tuesday.
*Bair renews backing for ideas like ending $1 per share. *Fund firms seek compromise for oversight of $2.5 trillion industry.
Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. The move shocked Wall Street, and Citigroup offered no explanation.
NEW YORK-- In picking Michael Corbat to take over as CEO of Citigroup, the board of directors chose a low-profile veteran of the bank _ a sharp contrast to Vikram Pandit, his suddenly departed predecessor. Corbat, 52, has spent his entire career at Citigroup and its affiliated businesses.
Sheila Bair, former FDIC chair, discusses the sudden departure of Citigroup CEO, Vikram Pandit, and weighs in on the new CEO, Michael Corbat.
Vikram Pandit, who steered Citigroup through the 2008 financial crisis and the choppy years that followed, abruptly left the bank on Tuesday, stepping down as CEO and as a director. A second top executive resigned as part of the shake-up: President and Chief Operating Officer John Havens, who also served as CEO of Citi's Institutional Client Group.
The Systemic Risk Council, led by former Federal Deposit Insurance Corp Chairman Sheila Bair, in a letter on Thursday urged top U.S. regulators to implement so-called Basel III standards more quickly, to include a stricter limit on leverage in large banks and reduce the exposure of banks to each other.
A fundamental clash of philosophies ran throughout the response to the financial crisis, Sheila Bair, former head of the Federal Deposit Insurance Corp., told CNBC’s "Power Lunch" on Tuesday.
Former FDIC Chairman Sheila Bair discusses her new book called, "Bull By the Horns," and shares her perspective on the financial crisis. "I think [Timothy Geithner] did what he thought was right, it's just that we had a profoundly different philosophical disagreement," she says.
Additional easing from the Federal Reserve won’t result in more bank lending, Sheila Bair, the former chair of the Federal Deposit Insurance Corp., told CNBC’s “Squawk Box” on Monday.
Former chair of the FDIC, Sheila Bair, continues her discussion on regulations; the future of the euro; and whether the Fed will be able to deal with inflation.
Former chair of the FDIC, Sheila Bair, discusses how Dodd-Frank legislation gave regulators a process to deal with insolvent banks and weighs in on whether TARP worked.