Shareholder groups say the committee would “prevent poor stewardship” and avoid a repeat of mistakes that led to the bank's 2008 bailout.
Compliance is a heavy burden for community banks, and sadly there is no end in sight.
“Fraud in the fixed income markets is a secret and unfair tax on investors everywhere,” said a U.S. attorney.
The Supreme Court declined to review the National Credit Union Administration's lawsuit against Royal Bank of Scotland and Nomura Holdings.
Different accounting rules could mean a quicker, bigger hit on their balance sheets.
Different accounting standards could mean a quicker and bigger hit on the balance sheets of European banks than those of their American counterparts.
