Fed may shun global risk rules banks spent billions to meet

(Reuters) - The Federal Reserve may scrap international measures aimed at assessing bank health in favor of imposing its own rules, frustrating bankers who have spent billions of dollars retooling their books to meet global standards.

Lew says delays on rules may mean big bank risk

WASHINGTON (AP) — U.S. Treasury Secretary Jacob Lew says delays in writing rules to put the 2010 financial overhaul law into effect have raised the prospect that big banks could still threaten the financial system's stability.

Banks find ways to recoup revenue lost to new rules

In the past two years, major U.S. banks have been hit with a trifecta of new regulations costing them billions of dollars in lost revenue.