Top headlines in today’s news …
A new Insurance Policy Advisory Committee on International Capital Standards and Other Insurance Issues is being formed by the Federal Reserve Board under requirement of last year’s regulatory relief law, and the Fed is seeking […]
None of the 18 banks whose capital plans are subject to the Federal Reserve’s comprehensive capital analysis and review (CCAR) received objections this year, but the Fed issued a “conditional non-objection” for Credit Suisse and […]
A three-month extension of the comment deadline on an advance notice of proposed rulemaking (ANPR) on Home Mortgage Disclosure Act (HMDA) data points and plans to reopen the comment period on HMDA coverage thresholds were […]
Supervision and resolution activities for banks with more than $100 billion in assets and for which the federal bank deposit insurer is not the primary federal regulator will be centralized under a new Division of […]
Since announcing it would begin considering charter applications from fintech companies, the Office of the Comptroller of the Currency (OCC) has yet to receive a single formal application, the top staffer in charge of innovation […]
Up to five prize competitions with as many as 300 participants each could be sponsored by the Federal Deposit Insurance Corp. (FDIC) – alone or with other agencies – over the coming few years to […]
The nation’s largest and most complex banks have strong capital levels that would allow them to stay well above their minimum requirements after being tested against a severe hypothetical recession, the Federal Reserve said in […]
A former bank chief executive and economic adviser to presidential candidate Donald Trump has been prohibited from working at a financial institution because his employment may impair public confidence in the bank’s integrity, the federal […]
Risk-based capital requirements for “complex” credit unions would be again delayed – for another two years – under a 30-day proposal for comment issued Thursday by the National Credit Union Administration (NCUA) as the agency […]
The law is clear: the chairman of the Federal Reserve Board has a term to serve out, and he fully intends to serve it, he said Wednesday – despite whatever criticisms the president may throw […]
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