In the heart of downtown Seattle lies Amazon Go — a store concept that grabbed headlines after its beta phase opened to the public this year. Its concept could mean that the retail Continue Reading
Wall Street is looking towards Silicon Valley for a more automated environment and a tech-driven approach. A July 2016 report by CB Insights showed that 41 startups may be introducing Continue Reading
Investors will be looking at a widely expected interest rate hike Wednesday as a signal of the Federal Reserve’s growing confidence in a healthier U.S. economy. But they should also Continue Reading
Banks have always remained too big to fail but their systemic risk became the topic of debates after the 2008 financial crisis. Living wills are a part of the post-2008 reforms to ensure that the risk does not spread to other sections of the financial system.
Volcker Rule is a temporary solution to a permanent problem of ‘too big to fail’. If Volcker Rule really aims to address the issues of 2008 financial crisis, it should eliminate the issue of ‘too big to fail’ because as long as large firms exist, they will continue to attract federal support during any future crisis, despite all the adherence to the strict rules in the Dodd-Frank rulebook.
With many complexities and delays, the promise made by Dodd-Frank is yet to be delivered. The above-mentioned rules are only three rules of the 400 ones that make up the Dodd-Frank Act. Here are the missing links of the Dodd-Frank Law.
Ten Quick things you should know about the Fed Interest Rate Hike