Showing 1 to 12 of 31 results
US Economic Growth Before the Federal Reserve
This analysis compares the annual average growth rates of the US economy during periods without a central bank (1836-61, 1865-1913, 1811-12) to a recent period (2000-24) with the Federal Reserve, revealing significantly higher growth in the pre-Fed eras.
US Economic Growth Before the Federal Reserve
This analysis compares the annual average growth rates of the US economy during periods without a central bank (1836-61, 1865-1913, 1811-12) to a recent period (2000-24) with the Federal Reserve, revealing significantly higher growth in the pre-Fed eras.
Progress
64% Bias Score
Net-Zero Banking Alliance Restructures Amidst Antitrust Lawsuits
Facing multiple antitrust lawsuits, the Net-Zero Banking Alliance (NZBA), initially comprising major banks like Bank of America and Citigroup, is restructuring into a guidance-focused initiative, significantly impacting climate action and regulatory strategies.
Net-Zero Banking Alliance Restructures Amidst Antitrust Lawsuits
Facing multiple antitrust lawsuits, the Net-Zero Banking Alliance (NZBA), initially comprising major banks like Bank of America and Citigroup, is restructuring into a guidance-focused initiative, significantly impacting climate action and regulatory strategies.
Progress
36% Bias Score
Banks Push Back Against Data Aggregators Over Consumer Data Access Fees
State-level attempts to regulate credit card interchange fees have largely failed this year, but banks now face another battle with data aggregators over fees for access to consumer bank data, spurred by a now-reversed Biden administration rule. JP Morgan's decision to charge data aggregators has tr...
Banks Push Back Against Data Aggregators Over Consumer Data Access Fees
State-level attempts to regulate credit card interchange fees have largely failed this year, but banks now face another battle with data aggregators over fees for access to consumer bank data, spurred by a now-reversed Biden administration rule. JP Morgan's decision to charge data aggregators has tr...
Progress
24% Bias Score
Federal Reserve to Simplify Capital Framework for Large Banks
The Federal Reserve is conducting a comprehensive review of the capital framework for large banks, aiming to simplify the overly complex and redundant system, prompted by criticism of the 2023 Basel III endgame proposal and concerns over regulatory overreaction to past crises.
Federal Reserve to Simplify Capital Framework for Large Banks
The Federal Reserve is conducting a comprehensive review of the capital framework for large banks, aiming to simplify the overly complex and redundant system, prompted by criticism of the 2023 Basel III endgame proposal and concerns over regulatory overreaction to past crises.
Progress
64% Bias Score
Spain Imposes Strict Conditions on BBVA's Sabadell Takeover
The Spanish government imposed strict conditions on BBVA's takeover of Banco Sabadell, requiring three years of autonomous management for both banks to protect jobs (43,000 total), branches, and SME lending (€70 billion at risk) following concerns about potential job losses and credit reductions.
Spain Imposes Strict Conditions on BBVA's Sabadell Takeover
The Spanish government imposed strict conditions on BBVA's takeover of Banco Sabadell, requiring three years of autonomous management for both banks to protect jobs (43,000 total), branches, and SME lending (€70 billion at risk) following concerns about potential job losses and credit reductions.
Progress
56% Bias Score
UK Fintech Bank Faces Closure Amid Regulatory Investigation
The Bank of London, under investigation by the UK's PRA for pre-2024 breaches, faces potential closure due to a £12m loss and auditor concerns, despite a promised £25m in additional funding.
UK Fintech Bank Faces Closure Amid Regulatory Investigation
The Bank of London, under investigation by the UK's PRA for pre-2024 breaches, faces potential closure due to a £12m loss and auditor concerns, despite a promised £25m in additional funding.
Progress
48% Bias Score
Treasury Secretary Calls for Federal Reserve Banking Regulation Removal
Treasury Secretary Scott Bessent advocates for removing the Federal Reserve's banking regulatory authority, citing conflicts of interest and suggesting an independent review of the institution.
Treasury Secretary Calls for Federal Reserve Banking Regulation Removal
Treasury Secretary Scott Bessent advocates for removing the Federal Reserve's banking regulatory authority, citing conflicts of interest and suggesting an independent review of the institution.
Progress
60% Bias Score
Australian Banks Delay Rate Cuts, Maximizing Profits
Following the RBA's July 27, 2024, 0.25 percentage point cash rate cut, Australia's Big Four banks delayed passing on the full reduction to variable mortgage holders for up to 17 days, maximizing profits at the expense of borrowers while swiftly cutting savings account interest rates.
Australian Banks Delay Rate Cuts, Maximizing Profits
Following the RBA's July 27, 2024, 0.25 percentage point cash rate cut, Australia's Big Four banks delayed passing on the full reduction to variable mortgage holders for up to 17 days, maximizing profits at the expense of borrowers while swiftly cutting savings account interest rates.
Progress
56% Bias Score
Trump Accuses Banks of Debanking Conservatives; Banks Cite Risk and Regulations
President Trump accuses major banks of debanking conservatives, citing personal experiences, while bank CEOs deny bias, citing regulatory pressures and risk assessment; over 8,000 consumer complaints were filed regarding improper account closures within the last three years.
Trump Accuses Banks of Debanking Conservatives; Banks Cite Risk and Regulations
President Trump accuses major banks of debanking conservatives, citing personal experiences, while bank CEOs deny bias, citing regulatory pressures and risk assessment; over 8,000 consumer complaints were filed regarding improper account closures within the last three years.
Progress
36% Bias Score
Greece Strengthens Bank Supervision to Combat Financial Risks
Greece introduces stricter bank supervision rules on October 1st, focusing on money laundering prevention, improved risk management, conflict of interest prevention for board members, and enhanced whistleblowing procedures to align with European standards.
Greece Strengthens Bank Supervision to Combat Financial Risks
Greece introduces stricter bank supervision rules on October 1st, focusing on money laundering prevention, improved risk management, conflict of interest prevention for board members, and enhanced whistleblowing procedures to align with European standards.
Progress
32% Bias Score
Spain Tightens Conditions on BBVA's Sabadell Bid
The Spanish government will impose stricter conditions on BBVA's takeover bid for Sabadell, citing concerns about competition, job security, and financial inclusion. This decision, alongside Sabadell's potential sale of its UK subsidiary TSB, could significantly hinder or prevent the acquisition.
Spain Tightens Conditions on BBVA's Sabadell Bid
The Spanish government will impose stricter conditions on BBVA's takeover bid for Sabadell, citing concerns about competition, job security, and financial inclusion. This decision, alongside Sabadell's potential sale of its UK subsidiary TSB, could significantly hinder or prevent the acquisition.
Progress
48% Bias Score
ANZ's New CEO Faces Steep Challenges
ANZ Bank's new CEO, Nuno Matos, starts Monday facing challenges including restoring the bank's reputation after a $250 million regulatory penalty for misconduct, improving underperforming units, and boosting its lagging home loan market share; his success depends on navigating cultural differences a...
ANZ's New CEO Faces Steep Challenges
ANZ Bank's new CEO, Nuno Matos, starts Monday facing challenges including restoring the bank's reputation after a $250 million regulatory penalty for misconduct, improving underperforming units, and boosting its lagging home loan market share; his success depends on navigating cultural differences a...
Progress
40% Bias Score
Showing 1 to 12 of 31 results