Top headlines in today’s news …
A proposal to reduce applicability thresholds for regulatory capital requirements and liquidity requirements for banks was issued for comment Tuesday by the Federal Deposit Insurance Corp. (FDIC) Board, but only after a split vote that […]
Calling it a “threat to financial stability,” the Federal Reserve Bank of Minneapolis said in a comment letter that it opposes the Federal Reserve Board’s proposal to relax liquidity-related regulations for large banks. The letter […]
Notices of a proposal to expand the scope of financial institutions and firms that file “streamlined” versions of call reports were issued by the three federal banking agencies to the firms they supervise Monday. In […]
A fine of more than $81 million was assessed against a French bank Monday by the Federal Reserve for violations of U.S. sanctions against Cuba. In a release, the Federal Reserve said a fine of […]
Substantially simplifying capital requirements for community banks is a key priority for her, the chairman of the Federal Deposit Insurance Corp. (FDIC) board said Friday – and a proposal being considered Tuesday by the board […]
Federal and state financial institution regulators teamed up Thursday to offer regulatory assistance to financial institutions affected by the wildfires in California that have killed scores of people, left hundreds unaccounted for, and made thousands […]
A fifth seat on the Federal Reserve Board of Governors is officially filled, as the Senate Thursday confirmed Michelle (“Miki”) Bowman as a member, to represent community bankers. Bowman was confirmed on a vote of […]
The 2019 budgets for the federal regulator of credit unions, including an operating budget funded by credit unions, will total $334.8 million as a result of action Thursday during the agency’s open board meeting. Meeting […]
Questions on changes to rules implementing anti-redlining laws in lending, the risk of leveraged loans to the financial system, progress on call reports, and a recently proposed rule to ease enhanced prudential standards and tailor […]
Consumer demand for small dollar lending products at federally insured banks and savings associations is one of the topics being sought for comment in a “request for information” (RFI) from the public issued by the […]
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