| Dec 10, 2013
| 6:44 AM
WASHINGTON -- Federal regulators on Tuesday unveiled the final version of a rule designed to prevent federally insured banks from engaging in risky trading of stocks and securities, moving to put in place a key regulation called for in the 2010...
| Feb 21, 2014
| 4:00 AM
Maybe Capital One should take a course in remedial English. The credit card issuer seems to be having a tough time communicating relatively simple ideas.
Betty Rome, for example, would be thousands of dollars wealthier now had Cap One expressed itself...
| Feb 22, 2014
| 2:30 AM
By Ilyce Glink and Samuel J. Tamkin
Q: In May 2005, I bought a condo in Miami for $385,000, with $140,000 down and the rest on a 6 percent, 30-year fixed-rate mortgage. Then I went through a lengthy divorce and ended up with title to the condo. Suffice...
| Dec 11, 2013
WASHINGTON — Government regulators approved a sweeping new set of rules for the nation's biggest banks that ban them from the kind of ultra-high-risk trading that nearly collapsed the world's financial system.
Despite a fierce lobbying effort to...
| Oct 21, 2013
| 4:32 PM
JPMorgan Chase, one of our nation's ethically-challenged financial institutions, is facing another big fine. That means that once again you'll be hearing the right wing's go-to defense of the bank: President Obama's out to get JPMorgan Chairman Jamie...
| Oct 17, 2013
| 7:53 AM
The other day we examined a claim by the New York Times that Jamie Dimon, the chairman and chief executive of the serial lawbreaking bank company JPMorgan Chase, was supported in his job by "the people who matter" -- defined as "investors, analysts, board...
| Oct 20, 2013
| 5:00 AM
WASHINGTON — Federal agencies haven't been functioning much this month, but six of them are looking at a proposal that could squeeze huge numbers of buyers out of the mortgage market: a mandatory 30% down payment for borrowers who seek the best...
| Oct 1, 2013
| 8:23 PM
WASHINGTON — The effect of the partial government shutdown began hitting businesses Tuesday, with the potential for bigger problems if federal agencies remained closed more than a few days.
A budget stalemate left many agencies with no money,...
| Jul 9, 2013
| 9:23 PM
WASHINGTON — The nation's eight largest banks would have to meet tougher financial ratios than required under international standards as part of proposed rules designed to protect taxpayers from another financial crisis.
Under the plan, Bank of...
| Jul 9, 2013
| 10:02 AM
WASHINGTON -- The nation's eight largest banks would have to meet tougher leverage limits than required under international standards as part of new rules proposed Tuesday by federal regulators designed to protect taxpayers from another financial crisis....
| Sep 19, 2013
| 5:32 PM
NEW YORK — JPMorgan Chase & Co. has made a rare declaration for Wall Street: The nation's biggest bank admitted it broke the law.
The financial giant acknowledged Thursday that it violated securities laws and agreed to pay fines of $920 million as...
| Sep 17, 2013
| 6:00 PM
Most Americans have gotten an earful about the too-big-to-fail banks, which created a financial tsunami that engulfed the world — only to be rewarded with a bailout by Uncle Sam.
But what about the little banks caught in the ensuing economic and...