In the News

Kevin Gallagher Presents at CGEP

The Center on Global Energy Policy hosted a presentation and discussion on China's role in global energy finance with Kevin Gallagher, Boston University's Pardee School of Global Studies and Co-director, Global Economic Governance Initiative and Bo Kong, ConocoPhillips Petroleum Professor of Chinese and Asian Studies and Assistant Professor of International and Area Studies, University of Oklahoma. They discussed... More

China rethinks developing world largesse as deals sour

"When China signed up to build Venezuela’s Tinaco-Anaco Railway in 2009, the scheme was hailed as proof of the effectiveness of socialist brotherhood. Gleaming new Chinese trains were envisaged, whisking passengers and cargo along at 137mph on about 300 miles of track. Hugo Chávez, the late Venezuelan president, called the... More

Senate Grilling Just The Beginning For Wells Fargo

Investor confidence in Wells Fargo & Co. was not terribly shaken after lawmakers roasted the bank’s chief executive on Tuesday, but significant risks to the bank and its top officers remain following the $185 million penalty it paid for generating more than 2 million phony accounts. Continue reading here. 

Rumored Reduction In Deutsche Bank Fine Has Critics Howling

Reports on Friday that the U.S. Department of Justice and Deutsche Bank have reached a settlement over the German bank’s mortgage-backed securities sales that is far lower than the $14 billion that the U.S. originally sought has critics claiming that big banks remain too big to jail. Continue reading here.

1st Annual MPL Policy Summit a Success

Over 200 participants came together from across the MPL industry, including: online lenders, academics, legal experts, banks, consumer advocates, servicers and regulatory agencies, amongst others. We heard from Comptroller Thomas Curry, the CFPB, Department of the Treasury and members of Congress on both sides of the aisle, each focused on responsible innovation. The... More

Con Hurley Quoted in the American Banker

Can Wells' Stumpf Survive Storm Over Phony Accounts? John Stumpf was coasting toward a carefully planned retirement. But the outcry over sham accounts at the San Francisco bank has put him in a precarious position as he testifies in front of Congress next week... Continue reading here.

Kevin Gallagher Interviewed in Semana Económica

"Environmental Standards Do Not Scare Chinese Investors" Research Director Kevin Gallagher and Researcher Rebecca Ray were interviewed in the prominent Semana Económica regarding the extent to which Chinese mining companies have shown efficiency in meeting both labor and environmental standards in Peru. Continue reading here (in Spanish).