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  1. Robert Benmosche
  2. Dodd Frank Bank Reform Bill
  3. Bank Nationalization
  4. Eliot Spitzer
  5. Independent Consumer Protection Bureau
  6. Glass Steagall Act
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JPMorgan's private equity unit to become independent

JPMorgan Chase & Co said on Friday its private equity unit will become independent, the latest move by a financial institution to shed risky businesses amid financial reform.As a first step toward separation from the bank, the unit, One Equity Partners, which manages $4.5 billion of investments, will raise its next investment fund externally rather than through JPMorgan.One Equity Partners will continue to manage existing portfolio companies for the bank, including the travel technology firm Travelport and the healthcare firms M*Modal and Wright Medical Group .The private equity business has become less appealing to banks because of the 2010 Dodd-Frank financial reform law, which includes limits on banks' investing their own money in such funds.Bank of America Corp has been winding down its private equity business, and in April Credit Suisse Group AG agreed to sell a private equity unit to Blackstone Group .A JPMorgan Chase spokeswoman did not immediately return a call seeking comment....

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  1. Risky derivatives make return for returns' sake

    Investors facing record low bond yields are increasingly chasing higher returns via complex derivatives, the instruments at the root of the 2008 global financial cri...

  2. Volcker: Excessive Regulation Eroding Confidence

    The time has come for change America's financial regulatory agencies, former Federal Reserve Chairman Paul Volcker said Wednesday in a speech he gave at a luncheon h...

  3. Bipartisan Bill Eyed to Ease Regs on Community Banks

    In a rare sign of bipartisanship, the top Republican and lead Democrat on the House Financial Services Committee are working together on a possible bill to ease regu...

  4. Volcker Rule Confusion Stalling Its Implementation?

    FBN’s Charlie Gasparino on the debate over the interpretation of the Volcker Rule.

  5. Analysis: Canada may settle for markets watchdog with less bite

    Canada is pushing ahead with plans to create a new but watered-down version of a national securities regulator as its campaign to create a more powerful watchdog lik...

  6. Deutsche Bundesbank VP: Fed Proposals on Foreign Banks Not Helpful for Supervision

    Germany's top banking supervisor urged the U.S. to abandon its insistence on forcing big foreign banks to operate through separately capitalized subsidiaries, warnin...

  7. Buba VP Says Fed Banking Proposals Not Helpful

    Germany's top banking supervisor urged the U.S. to abandon its insistence on forcing big foreign banks to operate through separately capitalized subsidiaries, warnin...

  8. StanChart's Sands says Muddy Waters' debt bet misplaced

    Standard Chartered PLC's chief executive Peter Sands denied U.S. activist investor Muddy Waters' claim that the bank has taken on too much risk, saying its loan book...

  9. Obama Makes Nominations for SEC Commissioners

    President Barack Obama nominated two U.S. Senate aides on Thursday to serve as members of the Securities and Exchange Commission, the agency tasked with policing Wal...

  10. Tech Take Live 5/23/2013

    Did Microsoft miss the mark with the XBOX One, new social media career tools for veterans, and the 10 most important technology milestones of 2012

  11. Lew Urges Delay On Bill To Limit Big Banks

    Treasury Secretary Jacob Lew urged senators to delay bringing forward a measure to limit too-big-to-fail banks until after the Dodd-Frank legislation has been fully ...

  12. Sen. Judd Gregg: Dimon One of the Best Bank Leaders

    Sen. Judd Gregg, (R-N.H.), weighs in on JPMorgan and whether Dimon should be allowed to remain chairman and CEO.

  1. NY regulator calls for moratorium on "shadow insurance" practice

    New York's top financial regulator has called for a national moratorium on certain transactions by life insurance companies that potentially put policyholders and ta...

  2. Fed's Plosser: More Needed On Too -big -to -fail

    Current efforts to eliminate the problem of too-big-to-fail "may not be sufficient" and a few more steps should be taken, said Philadelphia Fed President Charles Plo...

  3. Dodd-Frank Reforms May Take Years to Implement

    The Dodd-Frank financial reform law could take years to implement as regulators bicker over how to interpret the legislation nearly three years after it was enacted,...

  4. ProShares files to launch ETFs backed by credit default swaps

    ProShares has filed with the Securities and Exchange Commission to launch a number of exchange-traded funds backed by credit default swaps, as new regulations for th...

  5. New 'Too Big to Fail' Era

    FBN's Liz MacDonald on GE and big insurers facing greater government scrutiny.

  6. Fed's Yellen Open To Doing More On Too -big -to -fail

    There could be scope for more action from Washington address the too-big-to-fail problem, said Federal Reserve Vice Chairman Janet Yellen on Sunday. "I am not convin...

  7. BIS lays out "simple" plan for how to handle bank failures

    Central bank forum the Bank for International Settlements laid out a blueprint on Sunday for how to recapitalize a major lender in the event of a failure, seeking to...

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