FDIC

FDIC chief remains mum about potential future at agency

05/22/18

A new FDIC chair could be confirmed as early as this week, but the current head of the agency is reportedly Democrats' choice to serve as vice chairman.

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Banks ride tax law to record $56B in profits

05/22/18

Banks were helped by better loan spreads thanks to higher net interest margins, but the recently enacted tax cut helped boost profits by 27% from a year earlier.

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Banks to get another Volcker Rule win as hedging demands eased

05/21/18

Combined with another key change that would give banks more leeway in trading, the revisions on hedging could further blunt the impact of the rule named after a former Fed chairman.

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Regulators extend comment deadline for leverage ratio proposal

05/18/18

Commenters will have more time to weigh in on the plan, by the Fed and OCC, that has triggered divisions among the federal regulators.

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Think you’ve seen the Trump effect on regulation? Just wait

05/18/18

With Congress set to approve a regulatory relief bill and vote on an FDIC chairman, banks will soon see the deregulation they’ve long been anticipating.

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Senate to vote next week on Trump pick for FDIC

05/17/18

Jelena McWilliams is expected to be easily approved by the full Senate when her nomination as FDIC chair comes up for a vote.

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Volcker Rule rewrite is said to drop trading burden on banks

05/15/18

The proposed change would give banks more leeway in making trades and put more onus on regulators to challenge their judgments, sources said.

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Will capital plan cost big banks $400M or $121B? Yes

05/14/18

The Fed and FDIC are at odds over how proposed changes to the supplemental leverage ratio would change megabanks’ capital levels. Here's why both estimates are right but misleading.

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The one area where banks and fintechs want more regulation

05/11/18

As more consumer data is shared across banks, fintechs and data aggregators, the industry is asking for regulators to step in with better guidance.

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Small banks will get reg relief. Do they deserve more?

05/10/18

With the regulatory relief bill set to become law soon, some congressional Republicans are already calling for additional rollbacks to the Dodd-Frank Act. There’s one thing they should keep in mind: Community banks had a hand in the crisis too.

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