Five new members were named Wednesday to an economic inclusion subcommittee by the federal bank deposit insurance agency, which also announced a meeting of the group June 28. The Federal Deposit Insurance Corp. (FDIC) said […]
Excessive credit card late fees – particularly data about the fees and late payments and whether the fees are “reasonable and proportional” – are the topic of an advance notice of proposed rulemaking issued Wednesday […]
New types of analysis when updating redlining examination procedures should be considered by the regulator of national banks when conducting oversight of bank lending practices, the congressional watchdog said in a report Tuesday. In a […]
Deposit growth rates may have slowed from the second quarter of 2021 on, but a staff analysis at the federal bank deposit insurance agency shows that insured deposits resulting from “extraordinary growth” in the first […]
Two workshops – on credit and operational risk – will be held July 12-13 in Pittsburgh, sponsored by the regulator of national banks, the agency said Tuesday. In a release, the Office of the Comptroller […]
An increase of 47.8% in trading revenue – $3.4 billion – was recorded by banks and savings associations in the first quarter over the end of last year, the regulator of national banks said Tuesday, for […]
Deposit insurance assessment rates paid by banks would be increased by 2 basis points under a proposal issued Tuesday by the federal bank deposit insurance agency. The proposed assessment rate schedules would begin with the […]
The consumer financial protection agency’s desire to transition away from highly complicated rules and toward simpler, clearer rules – plus a look at its current regulatory priorities – was detailed in a blog post Friday by the […]
Input from the public on the practices and financial products that may leave workers indebted to their employers is due to the federal consumer financial protection agency Sept. 7, according to a Federal Register notice […]
Title: Request for Information Regarding Employer-Driven Debt Subject: Employer-driven debt Agency: CFPB Status: Request for information Summary: The Consumer Financial Protection Bureau (CFPB or Bureau) is charged with monitoring markets for consumer financial products and […]
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