FDIC

Former FDIC chair joins Fannie Mae's board

08/21/19

Sheila Bair, who holds board seats at several other organizations, will sit on Fannie's compensation, corporate governance and risk policy committees.

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Skip Hove, former FDIC acting chairman and Nebraska banker, dies at 84

08/20/19

Hove, who spent 11 years on the Federal Deposit Insurance Corp. board, was the agency's acting chairman three different times during the 1990s. He held several jobs in banking, including chairman and CEO of Minden Exchange Bank & Trust, which had been led by his father.

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What's left of the Volcker Rule after the final rewrite?

08/20/19

After two regulatory agencies adopted final revisions to the rule, Dodd-Frank defenders expressed concern that the amendments to the proprietary trading ban undermined the post-crisis statute.

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Lukewarm reception for FDIC plan to ease deposit rate limits

08/20/19

The agency is trying to update its rate-cap policy for institutions that fall below "well-capitalized." But it remains to be seen if the proposed changes fully address community bankers' concerns.

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Regulators scrap proposed Volcker Rule compliance standard

08/20/19

The agencies had proposed an "accounting prong" as an alternative means to determine which proprietary trades are banned, but their final rule heeded industry concerns that that would be worse than the current approach.

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4 big questions ahead of Volcker 2.0 rollout

08/19/19

Banks stand to enjoy new flexibility in complying with Dodd-Frank’s proprietary trading ban, but it remains to be seen if regulators will grant them all the relief they have sought.

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Mortgage servicer AmeriNat refiles for industrial bank charter

08/14/19

The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending.

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How a Volcker Rule rewrite could backfire

08/13/19

Critics of the Dodd-Frank provision are likely heartened by indications that policymakers may soon finalize a more bank-friendly version of the trading ban, but that relief could come at a price.

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Regulators close to unveiling Volcker revamp: Sources

08/13/19

Wall Street watchdogs are poised to take a major step toward overhauling limits on banks’ ability to trade with their own funds, according to people familiar with the effort.

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What to make of banks’ growing exposure to leveraged loans

08/08/19

Fresh data from the Fed, FDIC and Bank of England shows that, directly or indirectly, banks are taking on more leveraged loans. But whether this puts their loan and securities portfolios at risk remains open for debate.

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