New examination guidance regarding banks’ recovery planning – for which compliance will be phased in by this July – was released by the Office of the Comptroller of the Currency (OCC) in a bulletin (No. […]
Qualified persons interested in serving on one of three advisory bodies for the Consumer Financial Protection Bureau (CFPB) can still apply if they do it by April 30, according to the CFPB’s updated online applications […]
Proposed revisions to the “Volcker rule” – which prohibits banking firms from engaging in proprietary trading or entering into certain relationships with hedge funds and private-equity funds – will be unveiled by the end of […]
The Senate on Tuesday received the president’s nominations of Richard Clarida and Michelle Bowman to complete unexpired terms on the Federal Reserve Board that continue through Jan. 31, 2022, and Jan. 31, 2020, respectively. Clarida […]
A final rule that allows credit unions to use a shorter statement regarding their federally insured status in brief television and radio advertisements goes into effect May 25, according to a Federal Register notice published […]
The federal bank deposit insurer’s vice chairman harkens back to the financial crisis in a statement released Wednesday on the agency’s latest “global capital index” (GCI) reading, which shows big banks seeing a capital increase […]
Proposed changes will be unveiled within the next four weeks about revised rules implementing community reinvestment by banks and other financial institutions, the regulator of national banks told a meeting of bankers in Washington Wednesday. […]
A council of academics that advises the Consumer Financial Protection Bureau (CFPB) Office of Research is set to meet May 2 to discuss methodology and direction for the bureau’s consumer finance research. The Academic Research […]
Cassandra Cuffee-Graves is the Office of the Comptroller of the Currency’s (OCC) new deputy controller for human capital, starting April 29. A former chief human capital officer for the U.S. Department of Education (DoE), she […]
The Office of the Comptroller of the Currency (OCC) says American Bank and Trust Company, N.A., of Davenport, Iowa, reports that counterfeit cashier’s checks using the bank’s vendor routing number of 071108834 are being presented […]
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