Jesse Hamilton | The Seattle Times

Randal Quarles, founder and head of The Cynosure Group, a private investment firm, testifies before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on his nomination to be a member of the Board of Governors of the Federal Reserve System on July 27, 2017 in Washington, D.C. (Ron Sachs/CNP/Zuma Press/TNS)

May 28, 2018 at 5:00 pm

Amazon’s finance ambitions reportedly draw attention from Fed

Fed Vice Chairman Randal Quarles, the U.S.’s most influential banking watchdog, has expressed concern about how tech companies could provide financial services outside of regulators’...

Business

August 28, 2014 at 7:06 pm

FDIC: Banks neared record profit in 2nd quarter

U.S. banks had second-quarter net income of $40.2 billion, the second-highest total on record, as lenders cut expenses and workers to compensate for falling trading revenue,...

Business

December 3, 2013 at 1:07 pm

Ex-WaMu CEO Killinger said to be near settlement with Comptroller’s office

Former Washington Mutual Chief Executive Officer Kerry Killinger and two other bank officials are in settlement talks with the Office of the Comptroller of the...

Business

January 14, 2012 at 8:00 pm

SEC weighs rules on dealings by analysts

A dozen Wall Street firms agreed to such provisions in 2003 to settle claims by regulators that their analysts published misleading research in an attempt...

Business