In recent months federal regulators have been speaking out on the risks that extreme weather events pose to the financial system, something their European counterparts have been doing for some time. ... Read full article
The financial policy views of progressive candidates atop the presidential field are sure to worry bankers, but it would be difficult for any new president to implement sweeping regulatory changes. ... Read full article
Readers react to the FDIC's fine against a bank over a 5-year-old consent order, Regions Financial's about-face on acquisitions, HUD's promotion of a controversial CFPB official and more. ... Read full article
The FDIC is pursuing the penalty five years after hitting the Delaware company with a consent order tied to BSA and AML compliance. ... Read full article
After others have hinted the three bank regulators may part ways on a Community Reinvestment Act proposal, Federal Reserve Chairman Jerome Powell told lawmakers a “common answer” is the ideal outcome. ... Read full article
Sen. John Kennedy, R-La., has proposed a bill to bar companies such as Rakuten from using industrial loan companies to access the banking system. ... Read full article
The three federal bank regulators usually try to issue rules jointly, but Comptroller of the Currency Joseph Otting on Tuesday pointed to areas where the agencies may move on separate paths. ... Read full article
Many in the industry have cheered regulators’ interest in improving the supervisory rating system, but they may shy from commenting publicly about their experiences in a confidential process. ... Read full article
Readers react to Sen. Warren calling for banks to fund her Medicare plan, a proposal requiring big-bank CEOs to testify before Congress, federal regulators missing Trump-appointees on their board and more. ... Read full article
A proposal to revise how the agency calculates the restrictions for less than well-capitalized banks relies on faulty methodology and ignores competition from fintechs and credit unions, according to the industry. ... Read full article
The CFPB, OCC and FDIC are signaling a renewed focus on the sector after regulation of it fell more to the states in recent years. ... Read full article
A group affiliated with Interactive Brokerage Group has filed an application with the FDIC to form Interactive Bank. ... Read full article
Verdigris Bank would also rely heavily on technology as part of its business plan. ... Read full article
Senate leaders say they're ready to consider appointees to fill vacancies at the two regulatory agencies, if only the White House would send over their names. ... Read full article
The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth closure. ... Read full article
The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand. ... Read full article
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start. ... Read full article
Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures. ... Read full article
It's time to establish a fintech commission. ... Read full article
The Rakuten application has opened another front in the battle over nonfinancial companies' ownership of banks. ... Read full article
