Inflation, a rising interest-rate environment, and ongoing pandemic and geopolitical events are among the key risks facing the performance of the nation’s banks, according to a report issued late Thursday by the national bank regulator. […]
All banks subject to this year’s stress tests remained above their minimum capital requirements, reaching a minimum of 9.7% – more than double the minimum requirement – despite total projected losses in the test scenario […]
A former acting top regulator of national banks announced his retirement Friday, as other executive changes were announced by the agency. Blake Paulson, who served as acting comptroller of the currency – the top position […]
Strategy, people and oversight are the three roles in focus during a July 19-20 workshop for bank directors, the regulator of national banks said Thursday. The two-day program, titled “Building Blocks: Keys to Success for […]
Helping human trafficking survivors avoid some of the financial consequences of their ordeal is the aim of a final rule issued Thursday by the federal consumer financial protection agency. The Consumer Financial Protection Bureau (CFPB) […]
The Mediterranean island nation of Malta has been removed from federal anti-money laundering monitoring, while the British overseas territory of Gibraltar (on the coast of southern Spain) is now under a closer eye, the Treasury’s […]
Spring rulemaking updates for federal financial regulators were announced this week, featuring a variety of proposed and final rules up for action over the next several months, including modernizing rules implementing the anti-redlining Community Reinvestment […]
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 […]
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