New York Federal Reserve president William Dudley says Dodd-Frank appears to have done little to curb misconduct, a possible source of systemic risk. Photo: Sam Tsang
New York Federal Reserve president William Dudley says Dodd-Frank appears to have done little to curb misconduct, a possible source of systemic risk. Photo: Sam Tsang
James Saft
Opinion

Opinion

Macroscope by James Saft

Cleaning up the stockyards of banking

Regulators and shareholders must become more powerful for the culture in banking to change

New York Federal Reserve president William Dudley says Dodd-Frank appears to have done little to curb misconduct, a possible source of systemic risk. Photo: Sam Tsang
New York Federal Reserve president William Dudley says Dodd-Frank appears to have done little to curb misconduct, a possible source of systemic risk. Photo: Sam Tsang
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