Banking Report Index-Summary

EARNINGS

– Credit unions, OTS report, first quarter 2010, 94:1012; second quarter 2010, 95:348; third quarter 2010, 95:1016
– Quarterly banking profile, FDIC report, fourth quarter 2009, 94:406; first quarter 2010, 94:1011; second quarter 2010, 95:396; third quarter 2010, 95:963
– S&Ls, OTS report, fourth quarter 2009, 94:407

ECONOMIC OUTLOOK

– Annual White House report to Congress, 94:322
– Beige Book on current economic conditions, FRB report, March 3 update, 94:470; April 14 update, 94:761; June 9 update, 94:1188
– Bernanke semiannual remarks to Congress, 95:159
– CFO Outlook Survey, fourth quarter 2009, 94:225; annual automotive outlook symposium, 94:1187
– Chicago Fed National Activity Index, Feb. 2010 report, 94:614
– Consumer confidence index, Conference Bd. survey, Dec. 2009, 94:16
– Consumer indebtedness, FRB N.Y. report, second quarter 2010, 95:317
– Credit market, IACPM survey, second quarter 2010, 95:161
– Deficit warning amid upbeat assessment of economy, Bernanke remarks, 94:760
– Flow of Funds, FRB report, March 11 update, 94:515
– Future for bankers, Kohn remarks, 94:211
– Global economic forecast, IMF report, 94:812
– Gross domestic product

– – Commerce Dep't statistics, fourth quarter 2009, 94:207; first quarter 2010, 94:874
– – NABE survey on growth forecast for 2010, 94:1088; questionnaire for third quarter 2010, 95:742

– Growth projections for balance of 2010, 94:654; BEA report for first quarter 2010, 94:1292; second quarter growth revisions, 95:572
– Industry survey, NABE April 2010 report, 94:875
– Interest rates

– – Economic Advisory Comm. of American Bankers Ass'n forecast, 94:1252
– – FOMC policy meeting minutes, 94:698; Hoenig remarks, 94:1138; holding steady on short-term rates, 95:519
– – FRB policy changes, Bernanke remarks to Congress, 94:422

– Job creation efforts, Summers remarks, 94:1296
– Obama administration economic policies

– – Comparison and contrast with Republican proposals, Pres. Obama speech, 95:403
– – Short-term agenda, Pres. Obama speech, 95:162

– Outlook 2010, 94:33 et seq.
– Personal income statistics, BEA report, Dec. 2009, 94:280
– Producer price index, BLS report, Jan. 2010, 94:361; Feb. 2010, 94:573
– Quantitative easing, Bernanke and BLS jobs data reinforce expectations for buying more assets, 95:685
– Real estate, 2010 State of Market Survey, DLA Piper report, 94:918
– Recovery and repair efforts, Bernanke remarks, 95:350
– Recovery from recession

– – Bernanke remarks on consumer spending, 95:271
– – FRB discussion of monetary accommodation, 95:108
– – IMF summary of Article IV review, 95:63
– – Interest group surveys, 95:16
– – Pres. Obama remarks, 94:980
– – Steady growth around 3 percent, BNA survey, Analysis and Perspective, 95:40
– – Sustained recovery requirements, Dudley remarks, 94:652

– Retail sales, Commerce Dep't report, Dec. 2009, 94:110
– State-by-State Snapshots, Joint Econ. Comm. report, 94:280
– State of economy, remarks by FRB St. Louis and FRB Dallas presidents, 95:225
– Unemployment rate

– – BLS report, Dec. 2009, 94:64; state data for Dec. 2009, 94:154
– – ETA report, week ended Jan. 9, 94:110

ECONOMIC POLICY

– Altman as potential White House economic advisor, 95:932
– EU, consumers footing bill for financial crisis, tax trends report, 95:32
– G-7 finance leader vows for fiscal aid and regulatory reform, 94:334
– Public-private investment fund

See PUBLIC PRIVATE INVESTMENT PROGRAM (PPIP)

EDUCATION

– Credit cards for college students, Ill. privacy restrictions on use of personal information for marketing purposes, 94:19
– Student loans

See STUDENT LOANS

ELECTRONIC COMMERCE

– Cloud computing models, BNA webinar on legal issues for financial services industries, 95:415
– Cybersecurity, Hill Watch, 94:712
– FACT Act expiration date print restrictions not applicable to electronically sent receipts (7th Cir.), 95:363
– Internet gambling

See GAMBLING

– Mortgages, online origination, industry survey, 95:61
– Statistics, electronic payment volume higher than check usage in noncash transactions, 95:1062

EMPLOYEE RETIREMENT INCOME SECURITY ACT

See ERISA

EMPLOYMENT

– Hiring Incentives to Restore Employment (HIRE) Act

– – Compliance with statute stressed as key goal, Danilack remarks, 94:976
– – Effective date of FATCA result of consideration of foreign law, JCT staff remarks, 94:887
– – Foreign bank reporting provisions likely impacting withholding, 94:548; transfer pricing implications, 94:940
– – Implementation of FATCA, IRS guidance on definitions, scope, and carveouts as initial focus, 94:860; timelines and least possible burden also important, 94:886
– – Statutes of limitations, Congressional members' awareness of issues with foreign banks provision, 94:924

– Unemployment rate

– – BLS report, Dec. 2009, 94:64; state data for Dec. 2009, 94:154
– – ETA report, week ended Jan. 9, 94:110

ENERGY

– Caithness Shepherds Flat wind farm, DOE partial loan guarantee for construction, 95:690
– Efficient homes

See LEGISLATION, FEDERAL, S 1379

– Property Assessed Clean Energy Loans, FHFA request for “pause” in state and local programs, 95:53

ERISA

– BoA employees' claims against PricewaterhouseCoopers for knowing participation in transfer of assets from 401(k) plan to cash balance plan dismissed (W.D.N.C.), 94:707
– Fiduciary breach claims, dismissal of suit due to failure by bank workers to exhaust administrative remedies before filing (M.D. Fla.), 94:1198
– Fractional test in cash balance pension plan, alleged violation by Citigroup (U.S., rvs), 95:26

See EUROPEAN UNION (EU)

EUROPEAN UNION (EU)

– Audits, European Comm'n reform of regulatory regime, 94:885
– Bailout money for banks, shrinking funds while some restructuring still necessary, 94:1100; EU outlined terms for new fund, 95:986
– Bank supervision

– – Regulatory reform, recommendation to restore binding decisionmaking powers and review clause, 94:240; expanded powers for new banking authority, 94:332; Parliament panel approval of controversial proposal, 94:901; threat to proposal from Parliament demand for stronger central agency, 95:55; deadlock over new plan, 95:115; finance ministers' approval of plan, 95:416; member states' and Parliament's breakthrough compromise, 95:417
– – Stress tests, criteria and list of targeted banks, 95:70; 7 of 91 banks fail stress tests, 95:173

– Bank tax, finance ministers consideration of separate taxes, 95:116; proposals for directive still controversial, 95:329; Comm'n legislative proposal for 2 separate taxes, 95:416; finance ministers support for framework avoiding double taxation and unfair competition, 95:1082
– Capital, bank requirements, tentative agreement, 95:31
– CDSs, ban of “naked” short-selling involving sovereign debt under consideration, 94:534
– Corporate governance

– – Recommendations for tighter regulations, 94:1144
– – Regulatory reform, European Comm'n proposed rules, 94:380

– Credit rating, registration of agencies with centralized supervision office and improved transparency rules, 94:1144
– Cross-border financial crises, Comm'n outline of new plan to head off bailouts, 95:754
– Data security, bank wire transfer data for counterterrorism purposes, new mandate for negotiations with U.S., 94:625
– Debit cards

– – Multilateral interbank fees, market testing of pact with Visa Europe, 94:1068
– – Visa Europe concessions on bank charges in antitrust action, 94:885

– Deposit guarantees, harmonized scheme proposal, 95:117
– Economic policy

– – Consumers footing bill for financial crisis, tax trends report, 95:32
– – Euro zone crisis talks, Germany opposition to initial plans to stem sovereign debt contagion, 95:1083

– Enforcement policy, Comm'n pre-legislative proposal paper on financial infractions, 95:1057
– Executive compensation, compromise agreement on tough bonus restrictions for bankers, 95:31; Parliament approval, 95:69; rough draft guidelines, 95:703
– Financial transaction tax, Parliament approval of resolution, 94:502; reiteration of support, 94:625; comments on undermining of national tax systems by tax havens, 94:626; revenue estimates based on U.S. proposal, 94:710; failure to reach consensus among member states, 94:742; Comm'n proposal for controversial bank tax plan, 94:1099; Comm'n moving forward despite G-20 reaction, 95:68; finance ministers consideration of separate taxes, 95:116; plans to announce outline soon, 95:529; ECB warning against tax, 95:529; financial services industry doubts about trading rules overhaul, 95:1082
– Future crises, proposal for “integrated-crisis management” plan, 94:742
– Hedge funds, vote on regulatory framework postponed, 94:580; compromise regulations for non-EU firms, 94:937; Spain resisting attempts to delay vote again, 94:990; continuing deadlock on passport issue, impact on measure, 95:586; Parliament passes measure, 95:894
– Interest rates, ECB maintenance of steady rates, 94:289
– Investor compensation rules, harmonized scheme proposal, 95:117
– Outlook 2010, Special Report, 94:119
– Regulatory reform

– – Banking supervision regime, recommendation to restore binding decisionmaking powers and review clause, 94:240; expanded powers for new banking authority, 94:332; European Parliament panel approval of controversial proposal, 94:901; Parliament approves new plan, 95:530
– – Global financial system reform, EU pressure against retreat from agreement on principles, 94:600

– Subsidies for financial institutions, phaseout plan for government support to banks, 95:1032
– SWIFT transfers

See PAYMENT SYSTEMS

EXECUTIVE COMPENSATION

– AIG bailout, Grassley (R-Iowa) request for information on timing of bonuses, 94:278; no further federal aid likely necessary, 94:1084
– Basel Comm. on Banking Supervision guidelines, 94:165; golden handshake payoffs undermine risk-based renumeration, 95:702
– Bonuses

– – BLS survey of earnings in finance and insurance industries, 94:871
– – Clawback

– – – Hill Watch, 94:712
– – – Use and recent developments topics at American Bar Ass'n meeting, 95:309

– – Shareholder class action suits likely stemming from report on ill-advised packages, Feinberg remarks, 95:210

– EU compromise agreement on tough bonus restrictions for bankers, 95:31
– Exclusion of shareholder proposals, SEC no-action letters for BoA and JPMorgan Chase, 94:523
– France, bonus tax on bankers likely to raise 360M euros, 94:117
– FSB report card on implementation of global compensation guidelines, 94:666
– Golden parachutes, NCUA bar for troubled FCU officers, 95:205
– Less risky pay practices, federal banking regulators' final guidance, 94:1236
– Risk factors

– – Deposit insurance premium levels, FDIC advance notice of proposed rulemaking, 94:51; board of directors release of proposal, 94:90
– – House Financial Servs. Comm. hearings, Frank (D-Mass) plans for questions to certain Wall Street firms, 95:392
– – Regulatory requirements and practical applications, BNA Insights, 94:825

– Risk management, possible beneficial lasting effects of pay guidelines, 95:743
– Sarbanes-Oxley Act clawback provisions, no allegations of wrongdoing on part of corporate executives necessary for SEC pursuit of reimbursement (D. Ariz.), 94:1196
– Shareholder derivative suits, Morgan Stanley's employee pay complaint dismissed (N.Y. Sup. Ct.), 95:1130
– Shareholder say-on-pay expansion

– – Dodd-Frank Wall Street Reform and Consumer Protection Act, impact of provisions on corporations, webcast remarks, 95:216
– – Hill Watch, 94:712
– – House Financial Servs. Comm. hearing, 94:97; institutional investors' plea letters, 94:227

– Switzerland, support for measures targeting big banks, 94:887
– TARP

– – Conn. state measure for higher bonus taxes, 94:928; governor veto, 94:1039
– – Cuomo letters requesting bonus data from 8 banks, 94:105
– – Excise tax on high employee bonuses at certain Wall Street firms, Boxer (D-Cal) and Webb (D-Va) proposed measure, 94:276
– – Improved pay practices, Feinberg remarks, 95:154
– – Performance-based standards, Hill Watch, 94:712
– – Special master review of packages paid to bailed-out bank employees since Feb. 2009, 94:601

– UK, guidance on proposed bank bonus tax, 94:31; plans moving forward on bank payroll tax proposal, 94:626