A new manager of the $123 billion fund that insures bank deposits and a new leader for the corporate financial operations of the agency that houses the fund were announced Wednesday. Patrick Mitchell will serve […]
John W. Ryan, president and chief executive officer of the State Conference of Bank Supervisors (CSBS), died unexpectedly Monday in Washington, the organization’s board announced Tuesday. The CSBS, it website notes, supports state regulators in […]
The final level of review in the federal insurer of bank deposits supervisory appeals process is restored – as it was before last year – to an independent intra-agency appeals process to review material supervisory […]
A final rule prohibiting any person or organization from making misrepresentations about federal bank deposit insurance or misusing the insurer’s name or logo was approved Tuesday by the Federal Deposit Insurance Corp. (FDIC). The final […]
Potential uncertainty and volatility in interest rates and loan performance in the face of inflation and other potential market issues should encourage banks to assess exposures and adjust risk profiles, the regulator of national banks […]
Michael S. Barr, nominated for vice chair for supervision of the Federal Reserve Board, will receive a hearing on his confirmation Thursday by the Senate Banking Committee, the panel announced last week. The hearing begins […]
A new system to provide guidance to other agencies, both federal and state, with consumer financial protection responsibilities on how the federal consumer financial protection agency intends to enforce federal consumer financial law was announced […]
Homeowners continue to face significant risks and challenges connected to working with their mortgage servicers in the wake of the coronavirus crisis, the federal consumer financial protection agency said in a report issued Monday. In […]
Use of artificial intelligence (AI) tools is being considered by the regulator of national banks to enhance its monitoring of risks in the banking system, a top official at the agency told a congressional task […]
The Federal Reserve Board now has a permanent chair, and is a step closer to having its full contingent of seven members after action in successive days by the U.S. Senate. Jerome H. (“Jay”) Powell […]
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