Federal Deposit Insurance Corp. Chairman Martin Gruenberg raised concerns about provisions that would significantly increase the systemic risk threshold for large banks, as well as one that would change the calculation for the supplementary leverage ratio.
It was mostly good news for banks in the Federal Deposit Insurance Corp.'s Quarterly Banking Profile, with higher earnings and net interest margins. But there were concerns as well, including slower loan and deposit growth.
CapStar in Tenn. claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company is convinced Lawrence's long-term plan includes a hostile takeover.
The agency's Quarterly Banking Profile said banks earned $47.9 billion in the third quarter, helped by a 7.4% increase in net interest income from the previous year.
The banks fell in global regulators’ ranking of the institutions that pose the biggest threats to the financial system, and authorities recommended they face lower capital surcharges.
