A proposed acquisition of one large bank by another has prompted a joint public meeting by two federal banking agencies, ostensibly to collect information from stakeholders as the agencies evaluate the applications, the two said […]
Workshops for directors of national community banks and federal savings associations are being planned by their federal regulator, covering a variety of topics, the agency announced Monday. The Office of the Comptroller of the Currency […]
New rules on credit union capital requirements and adequacy will be the focus of a webinar hosted by credit unions’ federal regulator Feb. 23, the agency said Monday. The National Credit Union Administration (NCUA) said […]
Strengthening anti-redlining rules, addressing risks posed by climate change and reviewing bank merger rules are all priorities listed for the year ahead by the now-acting chairman of the board of the federal bank deposit insurance […]
Market participants must renegotiate and amend existing contracts to move away from a now-defunct reference interest rate – or incorporate “robust fallback language,” the head of the group that developed an alternative rate wrote Thursday. […]
Showcasing public- and private-sector efforts to preserve and promote minority depository institutions (MDIs) and advance diversity and inclusion across financial services is the aim of a series of podcasts jointly planned by the federal bank […]
Efforts to establish an interagency risk monitoring system to identify potential emerging financial stability risks from hedge funds is supported by federal financial regulators, the agencies said in a joint statement Friday. The Financial Stability […]
Processes for considering input from state banking commissioners regarding national banks’ performance under state community reinvestment laws are addressed in a bulletin issued Wednesday by the national bank regulator. The Office of the Comptroller of […]
A program designed to expand financial inclusion to “unbanked” persons will be expanded to three more cities, the federal insurance program for bank deposits said Wednesday. The Los Angeles, Dallas, and Detroit metropolitan areas will […]
A reminder that credit unions must comply with rules governing disclosure in mortgage loans, particularly those meeting four criteria, is outlined by their federal regulator in a “regulatory alert” issued Wednesday. The National Credit Union […]
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