Banking And Financial Services E-Note - November 2012

more+
less-
more+
less-

In This Issue:

- Banks Concerned as TAG Program Set to Expire

- European Banks Set to Take Bigger Hit than U.S. Over Libor

Probe

- N.Y. AG Sues Credit Suisse for Misleading Investors on

Mortgages

- Mortgage Servicers Provided $26.1B for Borrowers Under

Settlement

- Community Banks, Regulators Battle Over Capital Rules

- Fed Governor Urges Separate Mortgage Rules for Community Banks

- Community Banks Indicate Regulations Causing Increased M&A

- Report Claims Problems with Credit-Rating Agency Review

- Council Votes to Allow SEC to Police Money Funds

- CFPB to Begin Providing More Supervision of Debt Collectors

- Excerpt from Banks Concerned as TAG Program Set to Expire:

The financial industry is hoping to avoid its own "fiscal cliff" at the end of the year when a guarantee program for bank accounts is set to expire. The Transaction Account Guarantee (TAG) program, which was created during the financial crisis, provides government guarantees to non-interest bearing bank accounts used by small businesses and municipalities.

Please see full E-Note below for more information.

LOADING PDF: If there are any problems, click here to download the file.