It’s back to this for community and foreign banks As banks and private practices sift through the Volcker rule, it is becoming clear that US community banks and foreign banks will be the controversial rule's biggest losers. The far-reaching 800-page provision of the Dodd-Frank Act means both will likely be forced to rethink their business models to comply.
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
