News Topic: Capital

A proposal to expand credit unions’ access to subordinated debt drew plenty of fire from bankers, but there are also concerns the regulation could be problematic for the institutions it aims to help. ... Read full article

The proposed Chicago de novo would focus on serving female entrepreneurs. ... Read full article

Some criticized the Fed’s decision to temporarily lift capital restrictions for megabanks, but the move will help ease the crisis. ... Read full article

The Fed’s recent action capping dividend payments might prove inadequate once the coronavirus crisis really hits banks’ capital. ... Read full article

Six of the eight regional banks that announced their stress capital buffers on Tuesday said they will need just a 2.5% cushion to weather an economic downturn. All eight said they’ll keep their dividends steady. ... Read full article

In response to the Federal Reserve's stress tests, Wells said it will lower its third-quarter distribution to shareholders. Meanwhile, JPMorgan Chase, Goldman Sachs and five other companies announced stress test capital buffers that exceed the minimum ... Read full article

In the most sweeping capital distribution order since the financial crisis, the Federal Reserve says it will prohibit big banks from buying back their stock in the third quarter and limit dividend payments to second-quarter levels. ... Read full article

As they prepare to exit government conservatorship, Fannie Mae and Freddie Mac have enlisted the investment banks to help them boost capital and evaluate market opportunities. ... Read full article

The last bank where he was CEO, Opus Bank, ran into trouble largely because it made too many acquisitions in too short a time span. This time around, Gordon will take a more methodical approach. ... Read full article

Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital. ... Read full article

The group behind NewBank is pursuing a charter with the Office of the Comptroller of the Currency to offer banking services nationwide. ... Read full article

Stephen Gordon would become chairman and CEO of Genesis Bank, which is looking to raise $53 million in initial capital. ... Read full article

Many lenders are paying close attention to liquidity and capital ratios. Others are trying to avoid overtaxing employees who process, service and handle forgiveness of the loans. ... Read full article

Payouts continue to be relatively generous, but that could change if the Federal Reserve demands banks bolster capital or the economy worsens. ... Read full article

Some lenders are issuing debt and preferred stock to provide an extra buffer for credit losses. Others are preparing for growth opportunities. ... Read full article

Craft Bank, which plans to open this summer, is in the final stage of raising $30 million in initial capital. ... Read full article

The central bank's Financial Stability Report said companies may face difficulties repaying debt given lower earnings, “which could trigger a sizable increase in firm defaults." ... Read full article

The regional bank’s $240 million investment from 1995 is now worth $17 billion, which it could use to fund acquisitions; the debt deal will count towards the German bank’s capital buffers. ... Read full article