American Airlines’ emergence from Chapter 11 protection in December, via its merger with US Airways, was the first time a major airline bankruptcy has ended with a return on equity for its shareholders
The final Volcker rule has been met with a sigh of relief by the financial sector. While the five regulators charged with agreeing the final version of the rule have not crafted a rule as strict as had been expected, there are still several negatives aspects
A day after the Volcker rule was finalised, Commodity Futures Trading Commission Chairman Gary Gensler praised regulation in the derivatives market for creating greater transparency
The announcement of JP Morgan Chase's $13 billion settlement with the US Department of Justice has caused many to question what it means for the wider market.
US banks are already taking steps to restructure, or sell-off parts of, their derivatives operations in a bid to comply with Dodd-Frank’s controversial ‘push-out’ provision
New rules under Title VII of the Dodd-Frank Act have increased the regulatory burdens on swaps, leading some in the market to re-examine how the instrument is used