BNKS

White House pushes new rules for medium-sized banks without Congress

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White House pushes new rules for medium-sized banks without Congress

WASHINGTON, March 30 (Reuters) – The Biden administration has urged banking authorities to tighten regulation of medium-sized banks, which it said could be implemented without support from a divided Congress. Banks with between $100 billion and $250 billion in assets should hold more liquid assets, increase their capital, undergo regular stress tests and write “living … Read more

Explainer: how a massive options trade by a JP Morgan fund can move markets

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Explainer: how a massive options trade by a JP Morgan fund can move markets

NEW YORK, Sept. 29 (Reuters) – A nearly $16 billion JP Morgan fund is expected to reset its options positions on Friday, possibly adding to stock volatility at the end of a dismal quarter for equities. Analysts have historically pointed out that the JPMorgan Hedged Equity Fund’s quarterly reset has been troubled markets, seeing this … Read more