Risk model problems. 

Expert sees key problems with the way financial institutions assess risk. (Financial News)

WH stiffens stance on bank rules. 

White House steps up push to toughen rules on banks. (WSJ)

DFA swaps delay. 

Dodd-Frank swaps legislation delayed after JPMorgan trade losses. (Bloomberg)

Euro bank rater haters. 

Up to 20 of Europe’s top banks plan to foil the dominance of big three credit agencies (FT)

OTC uncertainty. 

Many of the finer points of OTC rules still unclear; creating buy-side uncertainty. (TradeNews)

Volcker meeting will weigh JPM. 

US regulators meet on Volcker Rule; consider JPM loss impact. (Reuters)

Moody's cuts Italy banks. 

Moody’s cuts ratings for 26 Italian banks. (FT)

Europe acts on Basel III. 

EU bank-liquidity bill proceeds; UK may protest. (WSJ)

Regulators want blood post JPM loss. 

After JPMorgan loss, a call for stricter oversight. (Boston Globe)

No right-sizing MMFs. 

SEC’s Schapiro says government shouldn’t trim money funds. (Bloomberg)

Europe’s Achilles heel. 

Europe needs to face up to the task of saving the single currency itself. (Economist)

Goldman readies for Volcker. 

Goldman moves to comply with Volcker Rule. (NYT/DealBook)

JP Morgan's big Doh! 

JPMorgan fesses up to big $2bn trading loss. (WSJ)

That zany Greece. 

Hope for breakthrough in Greece. (WSJ)

Moody's warns banks again. 

Moody’s issues capital warning to global banks. (FT)

Still broken after all these years. 

Rules for bank capital still broken after four years. (Bloomberg)

Plan B from outer space. 

Regulators seek Plan B on money funds if SEC doesn't act. (WSJ)

Banks struggling, really. 

Wall Street banks depressed in shift defying Blankfein. (Bloomberg)

Morgan Stanley's collateral woe. 

Morgan Stanley will take a hit with derivatives business if ratings dropped. (FT)

Basel III: Why bother? 

Basel III: Don't we have enough problems? (WSJ)

Still waiting. 

Four years later, regulation of financial markets is still spotty. (McClatchy)

When's Volcker kick in? 

Confusion still reigns on 'Volcker Rule' date. (WSJ)

Better risk management needed. 

Regulators propose shake-up of bank trading books. (Reuters)

Goldman's corp bond effort. 

Goldman preparing trading system for corporate bonds. (Bloomberg)

DFA resistance is futile. 

Deputy Treasury Sec says lawmakers, lobbyists will fail in Dodd-Frank Act rollback attempt. (Bloomberg)

Banks ahead on Basel III. 

US banks ahead of curve on Basel III. (Reuters)

Tarullo almighty. 

Tarullo ignores banker concerns in meeting. (WSJ)

UK risk regulator wants more. 

UK risk regulator wants the power to vary bank capital requirements in response to econ cycles.(FT)

Raise interest rates. 

Fed may need to raise interest rates sooner than it currently expects. (Reuters)