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WASHINGTON - A month after enactment of financial reform, regulators and industry officials are grappling with the legal details and divergent predictions about exactly how it will change the delivery [...]

WASHINGTON - More than a half dozen chief executives from some of the country's largest banks, securities houses, and insurance companies are poised to unveil as early as this week [...]

WASHINGTON - When it comes to Rep. Jim Leach, the enactment of financial reform proves one thing: Nice guys can finish first on Capitol Hill -- but just barely. On [...]

Venture capital units of commercial banks are expected to receive a special boost if the financial modernization bill wending its way through Washington becomes law. The legislation -- which would [...]

With financial modernization reform on the legislative fast track, wholesale bankers are probably salivating at the prospect of boosting their investment banking businesses through mergers or internal buildups. Before bankers [...]

WASHINGTON - The compromise financial reform legislation being crafted by Rep. Jim Leach and Sen. Phil Gramm is scheduled to be unveiled Tuesday, but by Friday the lawmakers had still [...]

WASHINGTON - Financial services lobbyists say the pact between Sen. Phil Gramm and Rep. Jim Leach to jointly draft a compromise financial reform bill by Friday is welcome evidence that [...]

Action on Legislation The House-Senate conference committee on financial reform, chaired by Rep. Jim Leach, met for the first time on Aug. 3. Little work is planned until September, when [...]

WASHINGTON - House and Senate lawmakers are scheduled to begin today the arduous process of reconciling their rival financial reform bills. The House Banking Committee is to play host to [...]

A battle is being fought over an amendment in the financial reform bill that would change the way the Federal Reserve charges banks for check processing. Opponents of the measure, [...]

WASHINGTON - Congress is taking longer than expected to appoint negotiators on financial reform legislation, making it increasingly doubtful that a compromise will be reached before the August congressional recess. [...]

Financial reform has become entangled in the fight over confidentiality of patient medical records, adding a new obstacle to the long-sought legislation at its most critical moment. Negotiators are expected [...]

The Financial Services Act of 1999 would eliminate the exclusion of banks from the definitions of 'broker' and 'dealer' in the Securities and Exchange Act of 1934, the Investment Company [...]

WASHINGTON - Customer privacy rights would be weakened, not bolstered, by the House's financial modernization bill, a consumer advocate said Thursday. Though the House bill would enable banks, insurers, and [...]

By DEAN ANASON While stumping for his financial reform plan Tuesday, Senate Banking Committee Chairman Phil Gramm acknowledged his bill will stall in the Senate unless he compromises with Democrats. [...]

WASHINGTON - Prospects for a breakthrough agreement among regulators on financial reform appear to be fading fast. Testifying Tuesday before the Senate Banking Committee, Federal Reserve Board Chairman Alan Greenspan [...]

The Futility of Supporting Barriers in the Financial Services Arena NOT TOO LONG AGO, John Hancock was an old-line mutual life insurer offering traditional life, health, and pension products. As [...]

The proposed merger of Citicorp and Travelers Group raises some interesting regulatory issues for the Federal Reserve Board, which has the authority to approve the merger. Under current law, Citigroup, the new entity to be created from the merger, would have to divest itself of any operation not permitted to bank holding companies, including insurance, within two years. Citicorp and the Travelers Group are counting on Congress overturning the firewalls between the banking, insurance and securities industries created by the Glass-Steagall Act prohibitions., The Federal Reserve Board will have to move gingerly as it takes up the proposed merger of Citicorp and Travelers Group. The central bank is eager to oversee the world's [...]

House Banking Committee Chairman Jim Leach admits he was tempted to torpedo the sweeping financial reform plan his committee approved last week. If he had voted no instead of yes, [...]

The House Banking Committee on Wednesday continued its drive to knock down the barriers between banks and nonfinancial firms. On a close vote, 25-23, the committee agreed to allow commercial [...]

NEW YORK -- The changes in the thrift institution industry caused by deregulation appear to be having a major impact on commercial banks' correspondent banking business. New data published today [...]

During the past year, the thrift industry has operated in a largely deregulated environment. By autumn 1983, interest rate ceilings on virtually all thrift deposits had been eliminated and restrictions [...]

WASHINGTON -- Dennis J. Lehr has a vision of the future. Beyond credit cards. Beyond bedit cards. He ways the future may lie in microchips, maybe even ones embedded in [...]

NEW YORK -- The mortgage servicing industry is going through period of dynamic change and restructuring. The evidence of this change shows up in the survey by the American Banker [...]

The financial services industry worldwide is in the midst of sweeping structural, regulatory, and competitive changes. It is the major U.S. commercial banks which have led this enormous reorganization, and [...]

London Gears Up For Trading Surge The right technology will be closely linked to success after deregulation. ALL OF LONDON'S financial district is getting wired for Big Bang. Technological capability [...]

Lessons from the Street On Surviving the Shock If May Day is a guide, some venerable British institutions will be replaced by a host of new firms. AS LONDON'S FINANCIAL [...]