Wall Street is finally acknowledging that bogus trades are a problem… in its...
Wall Street has never been very good at regulating itself. For example, the market for over-the-counter derivatives (interest-rate swaps, credit-default swaps and so forth) was, up until recently,...
View ArticleBofA’s $30B litigation problem is getting worse
Bank of America’s mortgage-related litigation costs are something the banking giant wants to put behind it, but good luck with that, because it’s only going to get worse before it gets better. Over the...
View ArticleClik here to view.
Too big to fail still too big a problem for banks
Cleaning up the world’s biggest banks in the event of a crisis is easier than it has been but there is still more to be done, the Financial Stability Board (FSB) has warned. In particular, the papers...
View ArticleClik here to view.
The UK is getting a new regulator for a £24 billion problem
The government will set up a new regulator to shut down legal loopholes used by criminals and terrorists to launder money in the UK. Called the Office for Professional Body Anti-Money Laundering...
View ArticleClik here to view.
COMMENTARY: Islamic State’s financial withdrawal poses big anti-laundering...
As the Islamic State (IS) loses its position in Mosul, Iraq, as well as egress points in Syria, so too begins the strategic withdrawal of Sunni militants and financial assets from the area, which...
View ArticleClik here to view.
Too big to fail still too big a problem for banks
Cleaning up the world’s biggest banks in the event of a crisis is easier than it has been but there is still more to be done, the Financial Stability Board (FSB) has warned. In particular, the papers...
View ArticleClik here to view.
The UK is getting a new regulator for a £24 billion problem
The government will set up a new regulator to shut down legal loopholes used by criminals and terrorists to launder money in the UK. Called the Office for Professional Body Anti-Money Laundering...
View ArticleClik here to view.
COMMENTARY: Islamic State’s financial withdrawal poses big anti-laundering...
As the Islamic State (IS) loses its position in Mosul, Iraq, as well as egress points in Syria, so too begins the strategic withdrawal of Sunni militants and financial assets from the area, which...
View Article
