Rob Copeland
Posts
After Fierce Lobbying, Regulators Soften Proposed Rules on Banks
A top Federal Reserve official said that blowback to proposed rules on capital requirements led him to “relearn the lesson of humility.”
Morgan Stanley Is Fined for First Republic C.E.O.’s Stock Sales
James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts regulators said.
How to Keep Your Money Safe if Your Online Lender Is Not a Bank
The collapse of a little-known intermediary named Synapse Financial Technologies has put a spotlight on the risk that customers face when using popular banking start-ups.
Goldman Sachs’s Revamp Takes Shape With Another Profit Haul
The Wall Street investment bank earned $3 billion in the second quarter, more than double the tally from a year earlier.
Synapse Bankruptcy: When a Fintech Isn’t a Bank and Savings Accounts Are Frozen
For unsuspecting depositors of online financial start-ups, the unraveling of a little-known intermediary has separated them from their life savings.
Banks Could Weather Even Extreme Economic Tumult, Fed Finds
The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall.
Roaring Kitty Came Back to Talk GameStop. Shares Plunged.
Keith Gill, the investor who spurred the meme stock mania in 2021, attracted a huge audience for his public return to livestreaming Friday. But his...
In About-Face, Wall Street’s Big Donors Warm to Trump
They may “hate the man,” as one put it, but major business players from coast to coast are increasingly on board for a second term...
Billionaire Donor Barry Sternlicht Assails Brown’s Deal With Protesters
Real estate mogul Barry Sternlicht’s scathing criticism of his alma mater is the most immediate blowback against the school’s deal to end protests on campus.
All New U.S. Cars Must Carry Automatic Brakes by 2029
The technology is already sold on most vehicles, but a new federal safety regulation raises the standards.