Proposals for a new loan-loss accounting standard, published on November 5 by the International Accounting Standards Board (IASB), are "potentially too restrictive" according to John Dugan, the US Comptroller of the Currency. Read More
Alright, blindingly obvious is a tad harsh. Read More
When I talk to realtors in many parts of the nation, they admit that foreclosures and short sales continue to be a key part of the housing activity in their area. Read More
WASHINGTON -(Dow Jones)- A top U.S. banking regulator called for nations around the globe to set national mortgage underwriting standards in order to address one of the root problems of the financial crisis. Read More
A top U.S. bank regulator warned on Friday against legislative proposals that would break up financial firms if they were deemed too large. Read More
A top U.S. bank regulator warned on Friday against legislative proposals that would break up financial firms if they were deemed too large. Read More
U.S. banks will prepay three years of industry fees to give the government about $45 billion in cash to handle the rising tide of bank failures, under a rule finalized by the Federal Deposit Insurance Corp on Thursday. Read More
Rumors have been afoot for a while now that Sonotheque is about to close, and John Dugan at Time Out Chicago just confirmed them . Read More
U.S. bankers need to prepare for sweeping financial regulation changes that are gaining momentum in Congress, Comptroller of the Currency John Dugan said on Monday. Read More
The Federal Reserve would have too much power to approve acquisitions and order divestitures by banks and their owners under legislation just unveiled by the Obama administration, Comptroller of the Currency John Dugan warned a House committee Thursday. Read More