The federal regulator of credit unions said in a release Friday that the $744.9 million in loss to the credit union federal share insurance fund in the in the first three quarters of 2018, resulting […]
Bank and thrift industry earnings for the third quarter will be announced at a Tuesday press briefing scheduled by the Federal Deposit Insurance Corp. (FDIC). FDIC Board Chairman Jelena McWilliams is scheduled to present the […]
Notices of a proposal to expand the scope of financial institutions and firms that file “streamlined” versions of call reports were issued by the three federal banking agencies to the firms they supervise Monday. In […]
A fine of more than $81 million was assessed against a French bank Monday by the Federal Reserve for violations of U.S. sanctions against Cuba. In a release, the Federal Reserve said a fine of […]
The uncertain future of LIBOR – the London Interbank Offered Rate – and efforts to develop alternative reference rates to serve in its place will be discussed during a Dec. 6 webinar held by the […]
The $100 million civil money penalty assessed last month against Capital One, N.A., McLean, Va., and Capital One Bank (U.S.A.), N.A., Glen Allen, Va., over Bank Secrecy Act/anti-money laundering (BSA/AML) compliance program deficiencies is included […]
The Senate will consider the confirmation of a permanent director for the federal consumer financial protection agency within the next couple of weeks under unanimous consent, the Senate leader’s schedule shows. Exact timing is unclear; […]
An average 2.5% increase in the fees charged by Federal Reserve Banks for payment services to depository institutions (priced services) is set to take effect Jan. 2, the Federal Reserve Board said Friday. The Reserve […]
Substantially simplifying capital requirements for community banks is a key priority for her, the chairman of the Federal Deposit Insurance Corp. (FDIC) board said Friday – and a proposal being considered Tuesday by the board […]
Final rule changes to simplify rules for check collections and have them better conform with requirements of a funds availability rule were approved Thursday by the Federal Reserve Board, the agency announced the same day. […]
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