Republicans on the committee that oversees financial services disagree, and Texas Representative Randy Neugebauer plans to introduce a bill later this week to replace the agency's director with a five-person commission appointed by the president. "Sometimes, I think you are trying to do good, but in the end, what you do creates harm to an industry where people...» Read More
Thanos Papasavvas, strategist, fixed income and currencies at Investec Asset Management, tells CNBC that the period before the September elections in Germany is crucial for European leaders to push Germany into taking a more dovish stance on EU reforms as she tries to win over supporters of her main challenger in the elections. The opposition SPD places a greater emphasis on growth than Merkel who has stressed the need for austerity.
Helen Zhu, chief China equity strategist, Goldman Sachs, tells CNBC how financial sector reforms in China are now necessary and urgent and identifies tightening and inflation as main risks to GDP growth expectations.
Hans-Werner Sinn, president of the IFO Institute discusses Germany's willingness to support weaker euro zone economies and reforms needed to kick-start growth.
Jiong Shao, Chief China Strategist at Macquarie discusses what reforms he thinks are most important for China and what investors should do with their money at this time.
Diane Choyleva, Lombard Street Research and Chi Lo, BNP Paribas Investment Partners, go head to head over the future of China's economy as the the National People's Congress gets into full swing.
Goldman Sachs is trying to work around a financial reform regulation to keep investing in the profitable business of buying and selling companies.
Goldman Sachs Group Inc reduced its risk-taking for a third straight year, with potential losses from trading dropping to the lowest level in seven years.
Aadil Ebrahim, Managing Director at Bowen Asia tells CNBC why he thinks India is demonstrating fiscal discipline with the newly introduced budget.
New mortgage rules from the Consumer Financial Protection Bureau will make borrowing tougher for the self-employed and home buyers seeking larger loans.
Calls to break up the nation's major banks do not solve the risk problems at the heart of the 2008 financial crisis, Robert Rubin, former Clinton Treasury Secretary, told CNBC.
Paul Krake, Founder, View from the Peak: Macro Strategies warns of a credit crisis in China. He says the composition of growth is skewed and reforms aren't taking place quickly enough.
Christian Meissner, head of global corporate and investment banking at Bank of America Merrill Lynch, tells CNBC that regulatory certainty in Europe benefits the banking sector.
Anthony Jenkins, CEO of Barclays, speaks to CNBC about job cuts, broad changes in the financial services sector and imposing a new code of conduct on the bank.
Jim Walker, Founder and CEO, Asianomics says the new Basel III regulations may give banks more breathing room, but won't result in a much-needed shrinking of balance sheets.
Helen Zhu, Chief China Equity Strategist, Goldman Sachs is upbeat on China's A-share market in 2013. She expects economic reforms to gain traction in the mainland this year.
Francis Lun, Managing Director, Lyncean Holdings said he expects Beijing to take action to support the Chinese market next year.
Jahangir Aziz, Chief India Economist, JP Morgan says a compromise on the land acquisition bill and the national goods and services tax will be key for a real economic boost.
The looming "fiscal cliff" is a bigger problem for business than consumers, Bank of America CEO's told CNBC Friday.
Patricia Jackson, Head of Financial Regulatory Advice for Europe, Middle East, India and Africa, Ernst & Young says there is currently a conflict between the need for growth through increased bank lending and the need for stability in the sector.
Toby Lawson, Head of Financial Futures & Options and Cash Equities, at Newedge Asia Pacific explains the reforms China has undertaken to develop its futures market. He says full liberalization of the yuan is essential for more progress.