Finance-overhaul bill seen reshaping Wall Street

Finance-overhaul bill seen reshaping Wall Street Legislation passed by the Senate Thursday is seen as the most comprehensive in decades covering the financial industry; banks fear their profits will be crimped. :: http://www.crainsnewyork.com/article/20100521/FREE/100529971/1048 "he Senate bill's provisions could cut the profits of the largest U.S. banks by 13%, Goldman Sachs Group Inc. said in a May 17 report. The biggest impact would come from stricter rules on derivatives and the powers of a new consumer agency to write regulations affecting mortgage fees and other financial products. Each of those provisions would hurt bank incomes by 4%, Goldman analysts estimated."