No, there are simply big banks that get federal subsidies and small banks and nonbanks that don't, thanks to regulatory favoritism: Opinion.
A New York State regulator says the bank's deficient controls facilitated $10 billion in sham trades involving Russian investors.
The bank's fourth-quarter earnings reflect the more optimistic sentiment of investors since the election of Donald Trump.
An FDIC lawsuit alleges the bank may ultimately have underreported its deposit insurance liability by more than $1 billion.
Shareholder groups say the committee would “prevent poor stewardship” and avoid a repeat of mistakes that led to the bank's 2008 bailout.
Due diligence vendors described some of the loans underlying the securities as having the “distinct aroma of default.”
The total loss-absorbing capacity rule is "one of the last critical safeguards that make up the core" of the Fed's post-financial crisis reforms.
Lender EverBank is in talks with a prospective buyer, in what would be one of the largest banking takeovers since the financial crisis.
U.S. regulators allege Citi manipulated key swaps and interest rate benchmark to benefits its own trading positions.
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The new effort to reduce systemic risk in the industry is a less restrictive version of a 2011 rule that met with strong criticism from banks.
New global rules will require the banks to have a shock-absorbing cushion even though they avoided the 2008 crisis.
