(Bloomberg) U.S. banking industry groups are pressing regulators to clarify accounting for certain securities under the Volcker Rule after lenders complained the Dodd-Frank Act measure may force them ...

Liz Manning has researched, written, and edited trading, investing, and personal finance content for years, following her time working in institutional sales, commercial banking, retail investing, ...

For the third time in just a few months, Merrill Lynch has taken a huge, multi-billion-dollar "writedown" on its investments in mortgage-backed securities. Banks are suffering big losses because of ...

The market for collateralized debt obligations faces more downgrades as losses on mortgage-backed securities prompt Fitch Ratings to overhaul the way it assesses the risk of CDOs based on company debt ...