Fed’s Brainard signals that climate change guidance may be coming for big banks.
Lael Brainard, a Federal Reserve governor, offered the clearest signal yet that America’s central bank is going to begin seriously assessing big banks’ [...]
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With his reappointment on the line, Elizabeth Warren calls Jerome Powell ‘a dangerous man.’
Senator Elizabeth Warren, Democrat of Massachusetts, blasted the Federal Reserve chair, Jerome H. Powell, for his financial regulation track record and said that [...]
Fed Officials’ Trading Draws Outcry, and Fuels Calls for Accountability
Federal Reserve officials traded stocks and other securities in 2020, a year in which the central bank took emergency steps to prop up [...]
The former Afghan central bank chief says the Taliban can’t access most of country’s reserves.
The former acting governor of the Afghan central bank, who has fled the country, said on Wednesday that nearly all of the bank’s [...]
Jumping prices and the ghost of 2013’s market meltdown loom over the Fed.
Federal Reserve officials are gathering in Washington this week with monetary policy still set to emergency mode, even as the economy rebounds and [...]
As Lebanon Collapses, the Man With an Iron Grip on Its Finances Faces Questions
BEIRUT, Lebanon — For decades, Riad Salameh, Lebanon’s central bank chief, was lauded at home and abroad as a financial wizard who kept [...]
A bank executive is convicted of loaning Paul Manafort money to obtain a job with the Trump administration.
A former Chicago bank executive was convicted on Tuesday of financial crimes related to his facilitation of millions of dollars in high-risk loans [...]
Bank profits are poised to surge as the pandemic recedes.
The nation’s biggest banks are about to report windfall profits as customers increase their spending and the economy bounces back from the pandemic. [...]
Despite economic recovery, the European Central Bank keeps its policies steady.
By Eshe Nelson Even as Europe’s economic outlook is rapidly improving, European Central Bank policymakers decided on Thursday to maintain their “very accommodative” [...]
Opinion | These Invisible Whales Could Sink the Economy
Before he almost lost everything overnight, Bill Hwang was having a comeback. In 2012, Mr. Hwang, a former hedge fund manager, pleaded guilty [...]