Saul Schwartz, a 29-year veteran of the Federal Deposit Insurance Corp. (FDIC), is the permanent director of the agency’s Office of Minority and Women Inclusion (OMWI). He has been serving in an acting capacity since […]
“Improving and expediting” the process for appealing an adverse material supervisory determination – particularly for institutions that are in troubled condition – by reducing the appeal levels from three to two is included under proposed […]
Ukrainian Future Credit Union of Warren, Mich., which last reported having 5,692 members and $84.6 million in assets, was placed into conservatorship today by the director of the Michigan Department of Insurance and Financial Services. […]
Changes in the House schedule have led to a change in the testimony date for the new chairman of the Federal Reserve Board, the House Financial Services Committee said Friday. In a release, Chairman Jeb […]
Bank and thrift earnings in the fourth quarter 2017 – and all of last year – will be announced at a press briefing Tuesday by the Federal Deposit Insurance Corp. (FDIC). FDIC Board Chairman Martin […]
Data are “insufficient” to evaluate the extent to which the removal of civil public records from consumer credit reports affected the predictiveness of commercial credit scoring models, the federal consumer protection bureau said in a […]
First Financial Bancorp of Cincinnati has received the go-ahead from the Federal Reserve to merge with MainSource Financial Group of Greenberg, Ind. – and for First Financial Bank to establish and operate branches at the […]
Following no comments received last fall, the three federal banking agencies are moving forward on their proposal to combine three separate, yet identical, stress test reports into a single new Federal Financial Institutions Examination Council […]
Repeating a past call to reassess financial regulation reform in the wake of the financial crisis 10 years ago, the Federal Reserve’s top supervisory leader told a Tokyo audience Thursday that now is an “eminently […]
The Federal Financial Institutions Examination Council (FFIEC) has updated its Home Mortgage Disclosure Act (HMDA) guide for the collection of 2018 data due to be reported March 1, 2019. The umbrella agency represents federal regulators […]
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