Financial Regulatory Forum

PREVIEW-Rulemakers plan global overhaul of lease accounting

By Reuters Staff
August 16, 2010

By Emily Chasan

NEW YORK, Aug 15 (Reuters) – U.S. and international accounting rule makers are planning to propose an overhaul of lease accounting as soon as Tuesday, in a move expected to affect some $1.2 trillion in leased assets.

Obama, New York law chief Cuomo target Wall Street bonuses

By Reuters Staff
January 11, 2010

By Caren Bohan and Jonathan Stempel

WASHINGTON/NEW YORK, Jan 11 (Reuters) – The White House and and New York’s top prosecutor attacked excessive Wall Street bonuses, as the nation’s biggest banks prepare to hand out awards critics say were made possible by taxpayer bailouts.

Wells Fargo sells $10.65 billion in stock to exit TARP

December 15, 2009

A U.S. flag flies above Wells Fargo & Co headquarters in San Francisco, California, April 22, 2009. NEW YORK, Dec 15 (Reuters) – Wells Fargo & Co sold $10.65 billion in stock on Tuesday, raising funds to help repay a $25 billion bailout received from the U.S. government last year.

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…)