Big Banks Fear More 'Tiny Cuts' Courtesy of Dodd-Frank

Big Banks Fear More 'Tiny Cuts' Courtesy of Dodd-Frank

It was impossible last week not to feel the same dread and helplessness that plagued the fall of 2008 as bank stocks slid into terrifying territory and spreads on credit-default swaps jumped. In part that's because three years after the financial meltdown, very few of the rules governing financ...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:National Mortgage News 2011-08, Vol.35 (45), p.21
1. Verfasser: Rehm, Barbara
Format: Artikel
Sprache:eng
Schlagworte:
Banking industry
Banks (Finance)
Business conditions
Central banks
Compliance
Financial services
Wall Street Reform & Consumer Protection Act 2010-US
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:It was impossible last week not to feel the same dread and helplessness that plagued the fall of 2008 as bank stocks slid into terrifying territory and spreads on credit-default swaps jumped. In part that's because three years after the financial meltdown, very few of the rules governing finance have changed despite last summer's enactment of the Dodd-Frank Act. Dodd-Frank seems to be having a tough time getting out of first gear, said Richard Hunt, president of the Consumer Bankers Association.
ISSN:1050-3331