Latest proposed and final rules, directives, guidance, comments and other actions from the Federal Reserve
Hypothetical scenarios for annual stress tests this year of very large banks were released Thursday by the Federal Reserve, which also included new, “exploratory” elements designed to test different risks of the banking system. The […]
A $9,600 civil money penalty was imposed on Select Bank, Forest, Va., over findings of federal flood insurance law violations, according to a consent order announced Tuesday by the Federal Reserve Board. The order refers […]
A review of regulations covering the categories of applications and reporting, powers and activities, and international operations was announced Tuesday by the three federal banking agencies, with comments to be collected for 90 days. The […]
Tighter standards and weaker demand for commercial and industrial (C&I) loans to firms of all sizes over the fourth quarter were reported by bank senior loan officers, according to survey results issued Monday by the […]
No new loans will be made after March 11 by a Federal Reserve program that was established in the wake of two regional bank failures last year and was designed to assure the stability of […]
The public comment deadline on a Federal Reserve Board interchange fee proposal, which would lower the maximum interchange fee that a large debit card issuer can receive for a debit card transaction, has been extended […]
Five new members have been named to three-year terms on the Federal Reserve Board’s Community Advisory Council (CAC), which, the Fed says, offers perspectives on matters affecting consumers and communities, particularly low- and moderate-income populations. […]
A fine of $2.4 million for unauthorized use and disclosure of confidential supervisory information (CSI) was levied against a Chinese bank and its New York branch by the Federal Reserve, the agency said Friday. The […]
Four new members and officers of the Federal Reserve’s advisory group on community financial institutions were announced Thursday by the agency. The agency said Chuck Sulerzyski, president and chief executive officer (CEO) of Peoples Bank […]
A former Kentucky banker has consented to his prohibition from future employment or service at a bank for obtaining a loan from a coronavirus crisis federal fund and using the $500,000 in proceeds for “unauthorized […]
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