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Battle Cry of the Day: Save the Bondholders; Failed Bank Resolution on Verge of Unraveling Days Before Ratification

MishTalk

In lengthy negotiations last month the EU reached a deal on how to handle failed banks. The drafting remained unclear, however, and officials are still pressing for clarity on how it could be used and whether it would clash with EU competition rules curbing state aid. Taxpayers have put about €473bn into European banks since 2008.

Banking 71
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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Balanced Budget Ammendment Sign the Balanced Budget Petition. Participants also described their views regarding the appropriate path of the Federal Reserves balance sheet. seem to be damn confused as to what to say and how to say it.

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Laughable Eurozone Banking "Non-Union"; Expect Disorderly Breakup

MishTalk

The latest proposals could see up to 126 people being consulted on how to wind up a bank, even though agreement might need to be reached over the course of a weekend while financial markets are closed. But a letter sent by Wolfgang Schäuble to some of his counterparts sets clear limits on how far Europe''s biggest economy is willing to go.

Banking 73
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What You Should Know About Dodd-Frank and What Happens If It’s Rolled Back

Harvard Business

On February 3 President Trump issued an executive order directing the Treasury Department to conduct a sweeping review of financial regulation, including Dodd-Frank , the financial reform bill passed, in 2010, as part of the Obama administration’s response to the 2008 financial crisis and subsequent recession. Nick Lovegrove.

Banking 28