How do you improve the culture of Wall Street? Personally punish the industry's bad apples, according to two longtime observers.» Read More
Former FDIC chair Sheila Bair discusses issues adding to the cynicism and distrust of big banks.
The Massachusetts firebrand launched attacks against Antonio Weiss, who Obama nominated as Treasury undersecretary for domestic finance.
Former chair of the FDIC Sheila Bair, talks about putting shareholders, not taxpayers, on the hook for banks that fail.
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.
Former FDIC chair Sheila Bair provides perspective on the great debate of high-frequency trading.
Former FDIC chair Sheila Bair reacts to Citigroup's $400 million fraud investigations and discusses banking expectations.
Former FDIC chair Sheila Bair nominates Warren Buffett, Steve Jobs and Yahoo's Marissa Mayer to CNBC's Top 25 Contender list for their focus on customer satisfaction.
Former FDIC chair Sheila Bair explains why more capital in the U.S banking system is a competitive strength for our economy.
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.