Fed Proposal Would Hike Capital Requirements to Discourage ‘Too Big to Fail’ November 16, 2016 By Dan Freed Minneapolis Federal Reserve President Neel Kashkari unveiled a plan on Wednesday to prevent future government bailouts by forcing the largest...
Bangladesh Cyber Bank Heist Prompts Scrutiny of Cyber Security Measures March 16, 2016 By Arun Devnath A printer error first tipped off Bangladesh’s central bank to one of the biggest cyber heists in recent history, according...
Malware Used to Steal $80M-Plus in Bangladesh Cyber Bank Heist: Officials March 11, 2016 By Serajul Quadir Investigators suspect unknown hackers managed to install malware in the Bangladesh central bank’s computer systems and watched, probably for weeks,...
German Advisers Warn Europe’s Low Interest Rate Policies Risk Financial Stability November 12, 2015 The German government’s panel of economic advisers said on Wednesday the European Central Bank’s low interest rates were creating substantial...
A.M. Best: European Insurers Tap Capital Markets Ahead of Solvency II June 16, 2015 Low interest rates together with highly liquid and stable financial markets have prompted European insurers to tap the capital markets...
Terrorism Insurance Bill Tagged with Community Bank Provision December 16, 2014 By Michael Flaherty When the U.S. House of Representatives approved a terrorism insurance bill last week, it contained a little-noticed provision that would...
AIG, Prudential Financial on Federal Reserve’s List of 15 Firms for Extra Supervision May 4, 2014 By Craig Torres The Federal Reserve released a list of 15 firms that merit an extra layer of supervision because they pose heightened...
Insurers Urge Lawmakers Not to Impose Bank Capital Requirements on Industry March 11, 2014 By Cheyenne Hopkins Insurance companies will urge U.S. lawmakers today to stop the Federal Reserve from imposing bank- like capital standards on their...
Greenberg Cautions on Quick Fed Pullback; Prefers Yellen Over Summers September 16, 2013 By Marci Jacobs and Noah Buhayar Maurice “Hank” Greenberg, former head of American International Group Inc., said the Federal Reserve could disrupt financial markets by curbing...
Senate Bill Gives Federal Reserve Flexibility on Systemically Important Insurers July 26, 2013 A bipartisan group of U.S. senators is introducing legislation that would give the Federal Reserve more flexibility in regulating systemically...