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Michelle Price

U.S. bank regulator will vet next Wells Fargo CEO

15 May 2019

WASHINGTON A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

UPDATE 1-U.S. bank regulator will vet next Wells Fargo CEO

15 May 2019

WASHINGTON, May 15 A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

U.S. bank regulator will vet next Wells Fargo CEO

15 May 2019

WASHINGTON, May 15 A top U.S. bank regulator said on Wednesday it will vet Wells Fargo & Co's pick for its next chief executive, a development that could complicate the scandal-hit lender's efforts to find a permanent replacement for CEO Tim Sloan.

Trump may be trying to make everyone 'crazy' with sanctuary cities threat: Sen. Rick Scott

14 Apr 2019

WASHINGTON President Donald Trump may have threatened to transport illegal immigrants to so-called sanctuary cities to "make everybody crazy" and generate media attention, Republican U.S. Senator Rick Scott said on Sunday.

Fed urges U.S. financial industry to accelerate Libor transition

10 Apr 2019

WASHINGTON The U.S. financial industry must accelerate efforts to move away from the scandal-plagued Libor reference interest rate, Federal Reserve Governor Randal Quarles said on Wednesday, adding that the regulator was scrutinizing banks' transition plans.

U.S. consumer watchdog says 'all options on table' for enforcing Wells Fargo order

10 Apr 2019

WASHINGTON/NEW YORK The U.S. Consumer Financial Protection Bureau (CFPB) has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank.

U.S. consumer watchdog says 'all options on table' for enforcing Wells Fargo order

10 Apr 2019

WASHINGTON/NEW YORK, April 9 The U.S. Consumer Financial Protection Bureau (CFPB) has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank.

Federal Reserve scraps 'qualitative' test for U.S. banks in 2019 stress tests

07 Mar 2019

WASHINGTON The U.S. Federal Reserve said on Wednesday it would no longer flunk banks based on operational or risk management lapses during its annual health check of the country's domestic banks.

U.S. Federal Reserve mulls tighter rules on foreign bank branches: sources

06 Mar 2019

WASHINGTON The U.S. Federal Reserve is considering imposing stricter rules on foreign bank branches to tighten what critics say is a loophole that has allowed overseas lenders to shield assets from the toughest U.S. bank rules, three people with knowledge of the matter told Reuters.

Hübsche Sozialistin weckt Ängste an der Wall Street

08 Feb 2019

Washington Die 29-jährige Alexandria Ocasio-Cortez sitzt seit kaum einem Monat für die US-Demokraten im Kongress und schon jetzt bereitet sie den Großbanken Kopfzerbrechen: Wie umgehen mit der selbsterklärten "demokratischen Sozialistin", die als Wall-Street-Kritikerin und Liebling der sozialen Medien gilt und seit Mitte Januar im Ausschuss für Finanzdienstleistungen des Repräsentantenhauses sitzt?

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