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.» Read More
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.
Discussing Sandy Weill's remarks on breaking up the banks, with Bethany McLean, Vanity Fair, and Jared Bernstein, Center on Budget & Policy Priorities.
Sen. Ben Cardin (D-MD) shares his opinions on bank regulations, and clawbacks. "I will do everything in my power so we do not have to face [clawbacks]. This is not some game of some sort; this is about America," he says.
Discussing Sanford Weill's remarks on going back to Glass-Steagall, with Sheila Bair, former FDIC chairman and the Fast Money traders weigh in with the play on regional bank stocks.
Former FDIC chairwoman, Sheila Bair talks about the Libor scandal, regulatory reform and why banks need to put more of their own money at risk.