Trading revenue was up $8 billion to $17.6 billion in the first quarter of the year for banks and savings associations from the fourth quarter of 2022, the regulator of national banks said Thursday, representing […]
“The U.S. banking system is sound and resilient,” the Federal Reserve’s rate-setting committee said Wednesday, pointing to that fact (among others) to make no changes to interest rates, at least for now. Additionally, the leader […]
A hearing on the president’s nominations of three individuals to Federal Reserve Board terms is scheduled for next Wednesday by the Senate Banking Committee, chaired by Sen. Sherrod Brown (D-Ohio). The Senate on May 15 […]
Operational and compliance risks are elevated at the nation’s banks, and credit risk – while moderate – shows signs of increasing stress, according to a report issued Wednesday by the regulator of national banks. In […]
Capital and liquidity, cybersecurity, consumer financial protection, and inclusion will be the priorities for the federal credit union regulator in the years ahead, the chairman of the agency’s board said Tuesday. Speaking to a conference […]
Federal banking agencies have adopted some of the revisions proposed in February to the call report filed by federally supervised banking organizations but will make those effective as of the Sept. 30, 2023, report date […]
“Aggregate financial sector liabilities” total about $23.7 trillion, according to a notice published Monday by the Federal Reserve – a key number in figuring out which large financial companies can merge as long the resulting […]
Two workshops covering credit risk and operational risk and targeted to national bank and federal savings association directors are scheduled July 18-19 in Minneapolis by the Office of the Comptroller of the Currency (OCC). The […]
You will have another month to submit comments about “data brokers” and their practices under an expected extension of a comment period that is currently set to expire June 13, according to a document filed […]
Establishing a “rich set of data points and measurements capturing trends in and drivers of the consumers’ trust in banking” is the goal of a public survey proposed Friday by the regulator of national banks, […]
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