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The repeal of a key Dodd-Frank Act swaps provision earlier this month was a blow to progressive advocates and lawmakers, but former Rep. Barney Frank says theres still reason to be optimistic about the future of financial regulation.
December 22 -
Throughout his three decades in Congress, Barney Frank reached across the aisle to tackle big problems, and crafted groundbreaking legislation with far-reaching effects for banks.
November 28 -
Signature Bank in New York is poised to start lending to city governments. The move is well-timed; the wind-down of GE Capital removes a competitor and provides Signature with a chance to buy assets and hire salespeople.
April 27
Signature Bank in New York has added former Rep. Barney Frank to its board.
The $29 billion-asset company said in a press release Wednesday that Frank will fill a seat previously held by Alfred DelBello, a former lieutenant governor of New York who
Kathryn Byrne, a New York accountant, will succeed DelBello as the company's lead independent director, the spokeswoman added.
Frank, a Democrat from Massachusetts who co-authored the Dodd-Frank Act, was "instrumental in crafting the short-term $550 billion rescue plan in response to the nation's financial crisis," Signature said in its release. Frank also chaired the House Financial Services Committee from 2007 to 2011.
Frank will join former Sen. Alfonse D'Amato on the board. D'Amato was a Republican from New York who once chaired the Senate Banking Committee
"We specifically seek members whose deep and broad experience will prove impactful to the bank, those who share diverse perspectives and possess strong decision-making capabilities," Scott Shay, Signature's chairman, said in Wednesday's release.
