ARLINGTON, Virginia (Reuters) - Top bank regulator Sheila Bair said on Friday that proposed proprietary trading limits are "very positive," but said they would not have necessarily reined in risk-taking at the institutions that required massive bailouts. President Barack Obama last week proposed banning financial institutions with commercial banking operations from engaging in proprietary trading operations that are for their own ...

WASHINGTON (Reuters) - U.S. regulators admitted to failing to head off the 2008 financial crisis as they appeared before a panel whose chairman said he plans to seek testimony from former Federal Reserve Chairman Alan Greenspan. As President Barack Obama proposed slapping a special fee on banks and criticized bankers' bonuses, the Financial Crisis Inquiry Commission heard regulators confess that ...

Attorney General Eric Holder on Thursday told a panel studying the financial crisis that combating white-collar crimes is "a real priority" for the government, even if it bumps up against another urgent mission, combatting terrorism. Holder told the bipartisan Financial Crisis Inquiry Commission that the FBI is ...

WASHINGTON (Reuters) - U.S. regulators admitted to failing to head off the 2008 financial crisis as they appeared before a panel whose chairman said he plans to seek testimony from former Federal Reserve Chairman Alan Greenspan. As President Barack Obama proposed slapping a special fee on banks and criticized bankers' bonuses, the Financial Crisis Inquiry Commission heard regulators confess that ...