Latest articles from US

Dodd-Frank Act's long arm is felt around the world

August 1, 2011

On the one-year anniversary of Dodd-Frank, much may have been achieved, but almost as many rule-making deadlines have been missed. More importantly, there are growing industry concerns that lack of agreement about how to apply the extraterritorial reach of US regulation is a problem that just will not go away.

Mark Aedy, head of EMEA, Moelis & Company

Moelis & Co: a boutique no longer?

June 30, 2011

It is becoming more difficult to call four-year old Moelis & Co a boutique firm. Times are good for independent investment banks, but can this run of good business continue?

Sanofi Aventis defies global turmoil to close $20bn takeover of Genzyme

June 1, 2011

The caution in the markets following the tsunami in Japan and unrest in north Africa provided an unpromising backdrop to French company Sanofi Aventis's $20bn takeover of US biotech firm Genzyme. However, the deal passed off as a resounding success.

US community banks

Why did some community banks fail and others thrive in the US crisis?

May 9, 2011

Some US community banks managed themselves conservatively and stuck to their knitting while others expanded too quickly on the back of the real-estate boom. While the former are prospering, the problems and failures among the latter are adding up.

Crumbling Infrastructure

America's crumbling infrastructure: can private capital save it?

May 4, 2011

The US is in trouble. Its infrastructure is in dire need of repair but the heavily indebted country cannot afford to pay for it. All the more surprising then that the overtures of private – and in many cases foreign – capital are being met with resistance.

End of the gold standard for US sovereign ratings

May 4, 2011

Ratings agencies would lose their credibility if they did not now cast doubt on the US government’s AAA ratings.

US FATCA move leaves foreign financial institutions feeling the strain

May 3, 2011

The US's Foreign Account Tax Compliance Act puts onerous burdens on foreign institutions to capture data about US clients and any clients with ownership of US assets, and to report related tax information to the country's tax authorities. For banks, it is a huge task but they had better do it well, as this is likely to be the first of many such schemes. 

US bank revenue sources diverge

March 29, 2011

The biggest US banks continue to diverge in terms of where they earn their revenue. Click here to read more.

Andrew Coyne, global head of prime brokerage, Citi

Decision time on FX CCPs

March 8, 2011

Two central counterparties are currently being built to clear foreign exchange options. There is a great deal of preparation to be done.

The failures of the Dodd-Frank bill

August 30, 2010

The Dodd-Frank bill's failure to deal with the key problems that triggered the economic crisis is a missed opportunity.

Join our community

Global Risk Regulator

The Banker on Twitter

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.