Tag Archives: financial
Calabria Sees Obama Bank Plan `Watered Down’ by Congress: Video
Jan. 21 (Bloomberg) — Mark Calabria, director of financial regulation studies at the Cato Institute, talks with Bloomberg’s Mark Crumpton about President Barack obama‘s call for limiting the size and trading activities of financial institutions. The proposals will be part of an overhaul of regulations and would specifically prohibit banks from running proprietary trading operations … Continue reading
Buik Says Obama Tax Levy to Make Life `Tough’ for Banks: Video
Jan. 15 (Bloomberg) — David Buik, an analyst at BGC Partners, talks with Bloomberg’s Scarlet Fu about the outlook for U.S. bank earnings amid a proposal by President Barack obama to tax the biggest financial firms. JPMorgan Chase & Co., the second-largest U.S. bank by assets, said fourth-quarter earnings more than quadrupled, beating analysts’ estimates … Continue reading
Frank Says Banks Need Time to Divest Under Obama Plan: Video
Jan. 21 (Bloomberg) — U.S. Representative Barney Frank, a Massachusetts Democrat and chairman of the House Financial Services Committee, talks with Bloomberg’s Peter Cook about President Barack obama‘s proposals to limit the size and trading activities of U.S. financial institutions as a way to reduce risk taking and prevent another financial crisis. The proposals will … Continue reading
Sifma Hires Lawyer, Considers Action on Obama Bank Levy: Video
Jan. 19 (Bloomberg) — The U.S. Securities Industry and Financial Markets Association hired Carter Phillips, a managing partner at law firm Sidley Austin LLP, to advise on a response to what it described as the obama administrations targeted and punitive levy on banks. Bloomberg’s Lizzie O’Leary reports. (Source: Bloomberg) Duration : 0:1:42 Technorati Tags: action, … Continue reading