Financial Regulatory Forum

Bank reform may have $220 billion global capital hit – analysts

By Reuters Staff
February 17, 2010

LONDON, Feb 17 (Reuters) – Top global banks will need an extra $221 billion of capital and see annual profits slump by $110 billion if all proposed regulations to reform the industry are brought in, leading analysts said on Wednesday.

U.S. watchdog probes firms’ trading tips – sources

By Reuters Staff
December 18, 2009

NEW YORK/WASHINGTON, Dec 18 (Reuters) – The U.S. brokerage watchdog is probing how Wall Street firms, including JP Morgan Chase and Citigroup Inc, offer stock research, two people familiar with the probe said on Friday.

US Treasury to net $936 million from JPMorgan warrants

By Reuters Staff
December 11, 2009

WASHINGTON, Dec 11 (Reuters) – The U.S. Treasury Department on Friday said it priced warrants in JPMorgan Chase & Co at $10.75 per warrant in a deal that will bring U.S. taxpayers net proceeds of $936.06 million.

U.S. extends TALF lending program for commercial real estate

By Reuters Staff
August 17, 2009

By Mark Felsenthal and Al Yoon
WASHINGTON/NEW YORK, Aug 17 (Reuters) – The U.S. Federal Reserve moved on Monday to boost credit to the ailing market for commercial real estate by extending to mid-2010 an emergency lending program.

Obama’s “pay czar” says weighing power to claw back compensation

By Reuters Staff
August 17, 2009

By Steve Eder

MARTHA’S VINEYARD, MASSACHUSETTS (Reuters) – Kenneth Feinberg, the Obama administration’s pay czar, said on Sunday he has broad and “binding” authority over executive compensation, including the ability to “claw back” money already paid, and he is weighing how and whether to use that power. (more…)

FDIC warns U.S. banks they may need more home-equity reserves

By Reuters Staff
August 4, 2009

By Jonathan Stempel
NEW YORK, Aug 3 (Reuters) – A U.S. regulator said on Monday banks may need to boost their reserves for losses on home equity loans, after housing prices fell by roughly one-third from their 2006 peak. (more…)

Bonuses topped profits at some U.S. bailout banks – NY attorney general

By Reuters Staff
July 31, 2009

AIG/CUOMO By Grant McCool

NEW YORK (Reuters) – Bonuses paid to executives at nine banks that received U.S. government bailout money in 2008 were greater than net income at some of the banks, the office of New York Attorney General Andrew Cuomo said on Thursday.