Entries tagged "banking"
Troubled banks have meant trouble for classic mergers and acquisitions in the industry.
A key tenet of President Obama's financial reform plan is to ensure that all federally chartered banking institutions play by the same rules.
Banks that act now can mitigate damage from the commercial real estate blowup.
J. Christopher Flowers thought he'd replay past success in the financial sector, but Hypo RE is a bust. His JC Flowers investor group likely will receive only €1.39 per share for its investment.
So far, at least, Treasury has set the agenda for financial reform. But even if the Fed becomes a super-regulator, a number of difficult, perhaps unresolvable regulatory conundrums will persist.
