Tag: financial rules


New Financial Rules Could Allow China’s Smaller Banks to Fail. That’s a Good Thing.

November 28, 2018

Via: The New York Times

China’s too-big-to-fail banking rules are heading in the right direction. Chinese regulators published new guidelines on Tuesday for supervising the nation’s financial institutions. Of course, Beijing owns most big lenders, and failures are almost unheard-of. But the very act of […]


Rewrite of Senate Banking Bill Tough for Wall Street Banks

March 8, 2018

Via: Insurance Journal

Wall Street banks don’t have much to celebrate in what’s probably the final version of a bill easing financial rules that is headed for a U.S. Senate vote. Late Wednesday, Senate Banking Chairman Mike Crapo, an Idaho Republican, proposed some […]