Powell Puts His Stamp on the Fed
Jerome Powell gave the Federal Reserve's communications a makeover, one way the new chairman is putting his stamp on the central bank without departing from his predecessors' policies.
Fed Limits Credit Exposure Big Banks Can Have With Each Other
The Federal Reserve capped the amount of exposure the largest banks operating in the U.S. can have with each other, putting in place a long-awaited rule to reduce the chance of snowballing credit risk in the financial system during times of crisis.
Argentina Central Bank Gets New President
Argentina's Central Bank President Federico Sturzenegger resigned as the peso continued to lose value against the dollar, a week after authorities reached a deal with the International Monetary Fund for financial support.
Banking Regulator Seeks to Walk Back Comments on Discrimination
A top regulator said his review of low-income lending rules won't undermine curbs on bias in banking, as he tried to walk back an earlier statement that he hasn't "personally observed" discrimination.
Study Finds 'Speed Bumps' Help Protect Ordinary Investors
A paper published by an SEC economist concluded that a brief delay in stock trading would protect ordinary investors from high-frequency traders.
Private-Equity Giant Abraaj Files for Liquidation
Abraaj, the embattled emerging-markets private-equity firm, said its Cayman Islands-based holding company filed for liquidation, in what could be one of the industry's largest-ever failures.
Equifax Taps IBM Executive to Lead Tech Efforts
Equifax has recruited an IBM executive to lead its technology efforts as the credit bureau looks to rebound from its massive 2017 data breach.
Big Banks' Regulatory Bonanza Not as Advertised
The largest Wall Street banks have reason to be disappointed with the progress on financial deregulation so far under Trump.
Grabbing an Uber? Now You Can Buy Your Own Insurance for the Ride
Chubb has teamed with a tech startup to sell insurance to passengers of ride-hailing services like Uber and Lyft to cover medical and other costs in the case of an accident.
Federal Government Doesn't Have to Pay Billions to Insurers, Court Rules
The ruling had been eagerly awaited by insurance companies who have sought more than $8 billion in payments under the Affordable Care Act.