Cold water was essentially thrown on the prospect of the U.S. central bank issuing a digital currency – at least for the near term – as a member of the bank’s board Wednesday cited “profound […]
Additional guidance related to disclosing construction and construction-permanent loans under federal lending and real estate disclosure rules was released Wednesday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) said it […]
Resolution plans submitted to federal regulators by six of the eight banks that were required to submit them for 2019 showed “shortcomings” in the banks’ ability, in stressed conditions, to “reliably” produce the data needed […]
The “designated reserve ratio” (DRR) for the federal bank deposit insurance fund will remain at 2% in 2020, unchanged from last year and the nine years preceding that, according to filings Tuesday by the Federal […]
A series of sessions where banks and companies engaged in emerging financial technologies – or fintech – can meet one-on-one with Federal Reserve staff members to discuss fintech developments and ask questions was announced Tuesday […]
About $22 billion has been earned for the federal government through a program that distributed billions of dollars in assistance to financial institutions in the wake of the 2008 financial crisis, the congressional watchdog said […]
Changes are taking place in the leadership of data and information services at the federal insurer of bank deposits, as the top officer has resigned and the deputy is taking over. In the meantime, the […]
About 89% of all federally insured credit unions had positive net income during the first three quarters of the year – but all credit unions in Alaska, Maine, Nevada, New Hampshire, and Vermont had positive net […]
Taking his case to web video, the regulator of national banks said Monday that his proposal to rewrite anti-redlining rules for banks is based on his view that “we need rules that encourage banks to […]
Filers of 2019 data related to home mortgages should use the “beta platform” to test the information they plan to file to ensure it will be accepted, the federal consumer financial protection agency said in […]
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