FDIC Chairman Jelena McWilliams on Thursday indicated it’s possible that the banking industry may receive more time to submit their comments on a proposal to revamp the Volcker Rule, created in 2013 to prohibit proprietary […]
Banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) saw second-quarter net income rise 25.1 percent over the same period last year, and margins remained strong, according to data released by the […]
Making better decisions with input from a wide range of backgrounds and voices around the table is the ultimate aim of an “exploring careers through economics” event for high school and college students in October […]
The nomination of the next director of the federal consumer financial protection agency was recommended favorably, narrowly and along partisan lines (and after withering criticism by Democrats) by a Senate committee Thursday. The next step […]
Ensuring the continued health and viability of minority depository institutions and other topics of concern are slated for discussion Sept. 18 during an open meeting of the Minority Depository Institutions Advisory Committee (MDIAC) of the […]
Three federal banking regulatory agencies on Wednesday issued an interim final rule, along with a request for comments, that amends the liquidity coverage ratio (LCR) rule to treat liquid and readily marketable, investment-grade municipal obligations […]
Members of the Federal Reserve Board’s policy setting arm, besides intimating about the possibility of another rate hike in the medium term, noted during their July 31-Aug. 1 meeting that a move by large banks […]
Next week brings this year’s third quarterly town hall webinar on Money Smart for Small Business (MSSB), a curriculum developed by the Federal Deposit Insurance Corp. (FDIC) and Small Business Administration (SBA) that offers a […]
Public feedback about data applications on the website of the federal insurer of bank deposits is being sought by the agency in a six-week survey, part of an overall redesign of the on-line tools. In […]
Collections for telecommunications debt – for example, money owed for landline or cell phone, cable or Internet – showed up in more than 1 in 5 consumer credit reports from mid-2013 to early 2018, but […]
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