News
Bloomberg | Banks’ Debt Addiction Said to Face Scrutiny at Basel Group
A planned international limit on bank indebtedness will be on the agenda of every meeting of the Basel Committee on Banking Supervision this year as regulators seek to wean lenders off their addiction to debt, according to three people familiar with the talks.
Politico | Senate is ground zero in megabank debate
It’s rare that the Obama administration and Wall Street banks find themselves on the same side of an attack. But both are facing increasingly uncomfortable questions from both the left and the right, particularly in the Senate, about whether the problem of too-big-to-fail banks has been eradicated more than four years after Lehman Brothers’ demise shook the financial world.
