Financial Regulatory Forum

Obama to urge regulatory reform in Lehman anniversary speech

By Reuters Staff
September 11, 2009

The exterior of the world headquarters for Lehman Brothers is seen in New York September 15, 2008,  after the firm filed for bankruptcy protection. Lehman was one of the biggest investment banks to collapse since 1990 when Drexel Burnham Lambert filed for bankruptcy protection amid a collapse in the junk bond market.   REUTERS/Shannon Stapleton (UNITED STATES) WASHINGTON, Sept 11 (Reuters) – President Barack Obama’s speech in New York on Monday will focus on financial reform and the need to strengthen the system to avoid another economic collapse, the White House said on Friday.

U.S. bank “super-cop” idea gains support in Senate

By Reuters Staff
September 9, 2009

By Karey Wutkowski
WASHINGTON, Sept 9 (Reuters) – Decreasing the number of U.S. agencies that police banks is an idea gaining momentum in Congress, even though bolder efforts to rip up the overall financial regulatory system and start fresh have stalled.

US Sen Dodd to remain banking panel chairman – aide

By Reuters Staff
September 9, 2009

WASHINGTON, Sept 9 (Reuters) – U.S. Senator Christopher Dodd will remain chairman of the Senate Banking Committee and not take over the health committee after the death of his friend, Senator Edward Kennedy, a Senate aide said on Wednesday.

Wall St bonuses spark outrage on Main Street USA

By Reuters Staff
September 9, 2009

main-street-wwwreuterscom By Steve Eder and Ed Stoddard
NEW YORK/EULESS, Texas, Sept 8 (Reuters) – All you have to do to feel the outrage over the continuing flow of bonuses on Wall Street is to take a walk down Main Street.

G20 must implement bank supervision measures – Saudi

By Reuters Staff
September 2, 2009

Muhammad al-Jasser, governor of the Saudi Arabian Monetary Agency (SAMA), gestures during a news conference in Riyadh September 1, 2009. JEDDAH, Sept 2 (Reuters) – Group of 20 developed countries must stick to banking oversight regulations agreed in the wake of the global financial crisis to avoid a future credit crunch, Saudi Arabia’s central bank governor told the local press agency, citing concerns over backsliding.

Obama to reappoint Bernanke to lead Fed – official

By Reuters Staff
August 25, 2009

Chairman of the Federal Reserve Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill in Washington July 22, 2009.  By Patricia Zengerle and Ross Colvin
OAK BLUFFS, Mass., Aug 24 (Reuters) – U.S. President Barack Obama will reappoint Ben Bernanke for a second term as chairman of the Federal Reserve on Tuesday, a senior administration official said on Monday.

U.S. Fed chief sees growth prospects, “urgent” regulatory reform need

By Reuters Staff
August 21, 2009

Chairman of the Federal Reserve Ben Bernanke testifies before the Senate Banking, Housing and Urban Affairs Committee on Capitol Hill in Washington July 22, 2009. (FILE) WASHINGTON, Aug 21 (Reuters) – Following are highlights from U.S. Federal Reserve Chairman Ben Bernanke’s prepared speech to be delivered at the Kansas City Federal Reserve Bank’s conference in Jackson Hole, Wyoming.

Fed to trim most margins on direct loans to banks

By Reuters Staff
August 19, 2009

WASHINGTON/NEW YORK, Aug 19 (Reuters) – The U.S. Federal Reserve said on Wednesday it will trim the margins for most securities banks pledge to obtain loans from its discount window and Term Auction Facility.

COLUMN-Commodity trading faces altered landscape: John Kemp

By Reuters Staff
August 5, 2009

– John Kemp is a Reuters columnist. The views expressed are his own –

EU clears German crisis plan for export-credit insurance

By Reuters Staff
August 5, 2009

BRUSSELS, Aug 5 (Reuters) – The European Commission approved on Wednesday a short-term export-credit insurance scheme adopted by the German government to limit the impact of the financial crisis on export companies. (more…)