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W21st NYC's Library tagged fed →  View Popular

03 Nov 09

FT.com / Companies / Banks - Fed tells banks to adopt pay rules early

  • The Federal Reserve told big US banks on Monday that draft pay guidelines aimed at curbing excessive risk-taking will have to be followed in this year’s round of bonus payments, even though the rules do not officially come into force until 2010.
21 Sep 09

Fed's Plan on Banker Pay Divides Industry - WSJ.com

  • While the roughly 25 largest U.S. banks would get the most scrutiny, overall the plan would give the Fed sweeping powers over executives, traders and loan officers at more than 5,000 banks.
24 Aug 09

FT.com / Comment / Opinion - Why the Fed should be given more powers

  • The Federal Reserve has come under unprecedented attack in recent weeks, largely triggered by its proposed designation as America’s primary financial regulator. That is the centrepiece of President Barack Obama’s financial reform programme, which is sorely needed after last year’s near meltdown. But legislation involving the central bank is rare and it has drawn out many critics. Unfortunately, this acrimony is blocking all of the president’s reforms.
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