A final rule on false advertising, misrepresentation of insured status, and misuse of the logo of the federal insurer of bank deposits is up for consideration at a meeting of the agency’s board May 17 […]
Lisa DeNell Cook will be the next governor of the Federal Reserve Board once she is sworn in, following a confirmation vote by the full Senate Tuesday. Cook was confirmed by a vote of 50-50, […]
Saying it’s time to “rethink” how bank mergers are analyzed, the acting comptroller of the currency on Monday noted the key factors considered in evaluations of bank merger applications and said changes in the industry […]
Some lending terms in the first quarter of the year were eased for commercial real estate (CRE) loans of all categories, as were standards for consumer loans – including residential real estate (RRE) lending, home […]
Banking institutions operating in areas of New Mexico affected by wildfires ad straight-line winds can avail themselves of some specific regulatory relief measures announced Monday by the Federal Deposit Insurance Corp. (FDIC) in a Financial Institution […]
If your rolodex includes a street address for the national bank regulator’s consumer assistance group (CAG), it’s time to make a change – to a post office box, the agency said Monday. Banks and savings […]
Lenders are barred from discriminating against customers after they have received a loan, not just during the application process, according to an advisory opinion issued Monday by the federal consumer financial protection agency. The Equal […]
The federal agency charged with consumer financial protection is “sharpening its focus” on digital redlining and algorithmic bias amid the growing influence of technology platforms, including big tech firms, in the financial services marketplace, the […]
Though the banking system remains strong overall, with robust capital and liquidity and improved asset quality, issues such as cybersecurity, prime brokerage services and credit and other risks either remain or are emerging as concerns […]
Regulators will discuss their jointly proposed Community Reinvestment Act (CRA) rules update plus answer questions during a public webinar May 11, according to a message Friday from the federal insurer of bank deposits. The May […]
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