US regulators discuss finalizing bank capital rules as soon as August, Bloomberg News reports

The Federal Reserve and other top U.S. regulators are forging ahead with their plan to make big banks hold more capital, Bloomberg News reported on Wednesday. Read More

Officials push Fed to finalize capital-requirements rule by August: report

The central bank “has made no decisions on timing, process or substance” of the proposal, it said in a statement seen Wednesday by Bloomberg. Read More

Fed's Bowman says she sees path forward for altered capital proposal

Federal Reserve Governor Michelle Bowman said she believes there is a feasible path forward for the revised capital reform proposal, emphasizing the importance of making broad changes informed by ... Read More

Fed Must Weigh Impact of Restrictive Policy Stance, Goolsbee Says

(Reuters) - Chicago Federal Reserve President Austan Goolsbee said on Monday the U.S. central bank must weigh how much longer it can maintain its current interest rate stance without it damaging ... Read More

The Federal Reserve’s Capital Has Now Plummeted to Negative $121 Billion

The Fed presumably has an “implied guaranty” from the Treasury, but it seems certain that Congress never dreamed that the Fed could experience the losses and ... Read More

Fed up and stretched thin, families are desperate for a fix to Louisiana's insurance crisis

Now, a different insurance ... A new policy with a private insurer isn’t much cheaper, at $8,000. Coming on top of federal Small Business Administration loans and a mortgage, her family’s ... Read More

When Will Fed Cut Rates? as US Economy Flexes Its Muscles, Maybe Later or Not at All

But now, with the U.S. economy showing surprising vigor, a different question has arisen: Will the central bank really cut rates three times this year, as the Fed itself has predicted — or even ... Read More

Warren Buffett's company rejects proposals, but it faces lawsuit over how it handled one last year

Shareholder proposals are usually uneventful at Berkshire Hathaway’s annual meeting, but Warren Buffett and the company are now facing a lawsuit over the way one presenter was treated last year ... Read More

Wall Street stocks fall as markets weigh strong wage data, Fed meeting

U.S. stocks ended lower on Tuesday as markets weighed economic data showing rising labor costs and deteriorating consumer confidence on the day of a key Federal Reserve policy meeting to decide the ... Read More

Understanding The Federal Funds Rate

The federal funds rate is one of the Federal Reserve’s key tools for guiding U.S. monetary policy ... and those deposits provide banks with the capital needed for extending loans and other ... Read More

Allianz Sells Fireman's Fund Insurance Business in the U.S. to Arch Insurance North America for $1.4B

Allianz Group is set to sell its Fireman's Fund MidCorp and Entertainment insurance business in the U.S. to Arch Insurance North America for $1.4 billion, to refocus on its U.S. large corporate ... Read More

Emerging Legal News

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up to receive our free e-Newsbulletins Some states have laws and ethical rules regarding solicitation and ... Read More