Read more financial institutions stories on Newserhttp://www.newser.com/taggrid/18641/financial-institutions.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 13:46:22 CSThttp://www.newser.com/story/72351/fed-rolls-out-plan-to-limit-bank-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe Federal Reserve today officially announced a plan to regulate pay structures at banks, the same day the pay czar rolled out his plan to cap salaries at bailed-out firms. The administration’s double-whammy on compensation marks an unprecedented level of government involvement in the private sector, and the policies that...http://www.newser.com/story/72351/fed-rolls-out-plan-to-limit-bank-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 22 Oct 2009 15:15:00 CDThttp://www.newser.com/story/71625/wall-street-forking-out-record-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMajor financial firms have bounced back from the brink of meltdown and are on course to hand out their biggest-ever pay packages this year. The total payout at the big banks and securities firms will hit $140 billion this year, according to Wall Street Journal projections based on revenue figures...http://www.newser.com/story/71625/wall-street-forking-out-record-pay.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 14 Oct 2009 5:36:00 CDThttp://www.newser.com/story/70071/us-europe-clash-on-banking-reforms.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe US and Europe are moving further apart on plans for post-financial crisis banking reform ahead of this week's G-20 summit, the Wall Street Journal reports. Both sides agree that banks should be required to keep more capital on hand to cushion them from crises, even at the cost of...http://www.newser.com/story/70071/us-europe-clash-on-banking-reforms.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 23 Sep 2009 4:16:50 CDThttp://www.newser.com/story/68384/meet-wall-streets-most-shameless-failures.html?utm_source=syn&utm_medium=rss&utm_campaign=tagYou'd think the men who hyped and traded the financial instruments responsible for the recession wouldn't be allowed to touch another dollar. Instead, they’re “charter members of Wall Street's Mulligan Club,” Steven Pearlstein writes in the Washington Post , buying and trading the same "crappy securities" like “golfers who treat themselves...http://www.newser.com/story/68384/meet-wall-streets-most-shameless-failures.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 02 Sep 2009 10:00:57 CDThttp://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagBad loans have been killing off banks at the fastest rate in 17 years—but now, securities purchased from other banks are a mounting threat, the Wall Street Journal reports. Thousands of banks nabbed securities dependent on mortgages and the financial industry. “Under most scenarios, they were good and prudent...http://www.newser.com/story/67448/troubled-securities-threaten-to-drown-banks.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 21 Aug 2009 10:48:12 CDThttp://www.newser.com/story/66024/geithner-flips-out-tongue-lashes-regulators.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe heat is apparently getting to Tim Geithner. At a meeting last week with high-level financial regulators, the treasury secretary indulged in a potty-mouthed diatribe about delays in the administration's highly touted plan to overhaul the regulatory system, declaring, "enough is enough," the Wall Street Journal reports. Attendees included Ben...http://www.newser.com/story/66024/geithner-flips-out-tongue-lashes-regulators.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 03 Aug 2009 22:44:33 CDThttp://www.newser.com/story/64905/social-security-suffers-as-execs-pay-soars.html?utm_source=syn&utm_medium=rss&utm_campaign=tagExecutives and other employees earning top dollar pull in more than a third of all US pay, the Wall Street Journal finds—and the ceiling on compensation subject to payroll taxes hasn’t risen enough accordingly, meaning the government isn’t bringing in what’s needed to plug ever-growing holes in the Social...http://www.newser.com/story/64905/social-security-suffers-as-execs-pay-soars.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 21 Jul 2009 9:32:11 CDThttp://www.newser.com/story/62835/wall-street-aims-to-give-itself-a-facelift.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWall Street’s top trade group is fighting to fix its image amid what it calls a “populist overreaction” to the financial crisis, Bloomberg reports. Top aides to former Treasury secretary Henry Paulson are leading the “city-by-city, grassroots” campaign focused on politicians and the media. The securities industry “must be perceived...http://www.newser.com/story/62835/wall-street-aims-to-give-itself-a-facelift.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThu, 25 Jun 2009 14:02:01 CDThttp://www.newser.com/story/62065/obama-vows-light-touch-in-bank-regulation.html?utm_source=syn&utm_medium=rss&utm_campaign=tagToday Barack Obama will announce a major financial reform package that will give the Fed, Treasury, and FDIC new powers of regulation and oversight. It's the most substantial shift in financial regulations since the 1930s—but stops short of some of the most radical proposals, including tough limits on derivatives...http://www.newser.com/story/62065/obama-vows-light-touch-in-bank-regulation.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 17 Jun 2009 6:07:02 CDT