The Magazine of Corporate Responsibility

Tag Archive for ‘Office of the Comptroller of the Currency’

Secret Tapes Hint at Turmoil in New York Fed Team Monitoring JPMorgan

As the Federal Reserve Bank of New York moved to beef up its oversight of Wall Street two years ago, the team charged with supervising the nation’s largest bank, JPMorgan Chase, was in turmoil. Fed examiners embedded at JPMorgan complained about being blocked from doing their jobs. In frustration, some requested transfers.

Dodd-Frank Act: How Financial Reform May Be Going Wrong

Almost a year ago, President Barack Obama signed the Dodd-Frank Wall Street Reform Act into law. Now, some emerging roadblocks reinforce a fear that Dodd-Frank, which was intended to touch on almost every aspect of the American financial system, may never provide the sweeping reform it promised.