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Hegemony of Saudi banks
22 September 2010 Three days ago, international news agencies carried a report about US President Barack Obama’s appointment of Elizabeth Warren as a special adviser to help set up a US consumer agency called the Consumer Financial Protection Bureau.
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Why Small Banks Are Big Losers in Bailout
Elizabeth Warren has devoted her July report to problems with the small-bank rescue.
Read more on Wall Street Journal Blogs
Banks brace for changes
Big changes are in store for the financial world from a government crackdown more than a year in the making.
Read more on Courier-Post
Small banks struggle with bailout program
STAR-LEDGER PHOTOElizabeth Warren, head of the Congressional Oversight Panel, said the bailouts’ costs are troubling because of small banks’ crucial role in lending to small businesses. To the list of economic woes squeezing small banks, add another one: government bailouts….
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Senate OKs new sanctions on Iran’s energy, banks
The Senate on Thursday approved tough new unilateral sanctions aimed at squeezing Iran’s energy and banking sectors, which could also hurt companies from other countries doing business with Tehran.
Read more on Reuters via Yahoo! News
Banks changing how they handle your checking overdrafts
Starting July 1, banks will be required to get new customers’ permission before charging them fees to cover debit card and ATM overdrafts.
Read more on Louisville Courier-Journal
Lending by small banks focus of House bill
WASHINGTON (AP) – Democrats are looking to increase lending by small banks as a way to resuscitate their election-year jobs agenda. read more
Read more on The Champaign News-Gazette
(AFX UK Focus) 2010-06-16 17:46 BRIEF-NY mayor bloomberg says banning banks’ swaps activity would harm economy
WASHINGTON, June 16 (Reuters) – New York Mayor Michael Bloomberg said in a letter dated on Tuesday to Representative Carolyn Maloney, who is on the conference committee finalized financial reform legislation:
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House passes bill to increase lending by small banks as Senate defeats GOP jobless aid bill
A $30 billion government fund would be available to community banks to increase lending to small businesses under a bill passed by the House Thursday as congressional Democrats tried to revive t…
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Senate votes to keep small banks under Federal Reserve’s oversight
The Federal Reserve would continue to oversee smaller banks around the country under a measure adopted Wednesday in the Senate, marking a major victory for the Fed as lawmakers prepare to overhaul the nation’s financial regulations. Federal Reserve System – Government – Central bank – United States – Finance
Read more on Washington Post
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