BankThink

Federal banking regulators finalize changes to capital rules

07/09/19

The FDIC, Fed and OCC said the impact will be greater for firms with substantial holdings of mortgage servicing and certain other assets.

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Regulators exempt community banks from Volcker rule

07/09/19

Bank regulators finalized a proposal to exclude small institutions from the proprietary trading ban, as required by last year’s reg relief bill.

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Payday loan alternative moves forward in California

07/09/19

A bill to regulate firms that give workers early access to unpaid wages passed a key committee this week, but industry groups and advocates are still seeking changes.

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In reversal, FHFA defends constitutionality of its leadership structure

07/09/19

The agency had decided not to challenge a recent court ruling that its structure violates the separation of powers, but newly confirmed Director Mark Calabria now appears willing to the fight the case.

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Debt settlement firm deceived customers about its services: CFPB

07/09/19

Freedom Debt Relief claimed it could negotiate on consumers’ behalf with creditors that in fact avoided dealing with debt settlement companies, the agency alleges.

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Simplified stress test metric will be ready by 2020: Fed’s Quarles

07/09/19

The Federal Reserve last year proposed consolidating many of the measures of a bank’s capital strength into a single “stress capital buffer.”

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Inside a 'bug bounty' program to spot cybersecurity flaws

07/09/19

The PFM app provider Personal Capital set up a safe way for hackers to expose vulnerabilities in its software.

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Wilmers' legacy of civic advancement honored with yearly prize

07/09/19

The Hancock Shaker Village, with help from banks and other professional groups, established an award named after the late chairman and CEO of M&T Bank.

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Kudlow says Powell's job is safe, no effort to remove him

07/09/19

Federal Reserve Chairman Jerome Powell’s job is safe for now, according to Larry Kudlow, top economic adviser to President Donald Trump.

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Piper Jaffray to buy Sandler O'Neill for nearly $500 million

07/09/19

The merger will create a firm with heft in financial services M&A, fixed income and equity research.

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