Category: Cornelius Hurley
Insider loans rife as bank collapsed
Seattle Times
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
Westsound Bank was hailed nationally as an “all-star” for its wild growth during the real-estate bubble…
Bankers to Find Atmosphere a Bit More Congenial in Davos
New York Times
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
Two years ago, Jamie Dimon, chief executive of JPMorgan Chase, told an audience in Davos that people should stop picking on bankers…
At last – how America can solve the ‘too big to fail’ problem
Financial Times (subscription required)
Co-written by Cornelius Hurley, School of Law, Center for Finance, Law & Policy
Senators from opposite ends of the US political spectrum are finally asking the question that should have been answered before Dodd-Frank became law: how big is “too big to fail”?…
Recession could be in cards if debt ceiling debacle isn’t fixed
NECN
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
The president on Monday repeated a threat he first made in the summer of 2011:..
Law firms see business surge as banks gird for waves of new federal regs
Boston Business Journal (subscription required)
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
Boston law firms are taking the Dodd-Frank financial reforms to the bank — literally and figuratively…
Looser Basel rules boost European banks
Financial Times (subscription required)
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
Shares in French and German banks rallied on Monday on the expectation that they stand to benefit most from moves by regulators to weaken the first-ever global bank liquidity standards to a greater degree than expected…
Banks’ victory on liquidity will still cost them dear
Reuters
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
What first appears as a victory for banks in their battle to dilute draconian rules on liquidity will still mean they have to find trillions of dollars to protect themselves against their funds running out…
Banking SuperPACs Aiming to Get Bigger, More Effective
American Banker (subscription required)
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
Despite a lackluster track record in 2012, the two SuperPACs formed by bankers are vowing to increase their influence before the next election hits…
Fewer U.S. banks failing as industry strengthens
Associated Press
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008…
Libor Scandal Just Took A Nasty Turn, Collusion Findings Should Make Banks Very Nervous
Forbes
Cornelius Hurley, School of Law, Center for Finance, Law & Policy
When the Libor-rigging scandal broke this summer it appeared that the damage banks would face would depend on the severity of the their reasons and the method used for the manipulation…
