Federal Reserve

Dodd-Frank didn’t build stress testing for coronavirus

04/03/20

Requiring banks to test themselves is likely to be a waste of time in the current crisis, says a former Senate Banking counsel.

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Is now the right time for banks to resume small-dollar lending?

04/02/20

Regulators point to traditional financial institutions as well-positioned to meet short-term credit needs during the coronavirus pandemic, but there are still a host of questions about whether the industry should try to compete with high-cost lenders.

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Regulators extend comment deadline for Volcker Rule changes

04/02/20

The agencies will give the industry another month to submit feedback on the so-called covered fund portion of the rule "in light of potential disruptions resulting from the coronavirus.”

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Big banks get Fed's blessing to extend leverage amid market stress

04/02/20

The change — effective immediately — will reduce capital demands by about 2% overall, the Fed estimated, and will be open for a 45-day comment period.

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Fed eases bank leverage ratio; Kabbage cuts back

04/02/20

The one-year relief is intended to free up lending to consumers and businesses; the online small business lender not making loans, shrinks credit lines, staff.

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Fed's conundrum: Whether to remove Wells Fargo's asset cap

04/01/20

Amid the coronavirus emergency, the central bank may have to decide at what point the imperatives of an economic crisis outweigh the requirements of its most severe enforcement action in recent memory.

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How fintech can save small businesses on the brink

04/01/20

Lenders and government guarantors can use loan technology to bring immediate relief to business owners, former OCC official Jo Ann Barefoot says.

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Banks may get boost from loan program; Trouble for mortgages not backed by U.S.

04/01/20

SBA loans could pour billions into bank coffers; Fed bailed out government-backed market, others may suffer.

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Fed delays effective date of bank control rule due to coronavirus

03/31/20

The regulation established standards for investors who own less than a quarter of an institution. Banks are getting more time for implementation as they focus on effects of the COVID-19 pandemic.

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Banks cautioned on bonuses, pay; Powell praised for decisiveness

03/31/20

After the financial crisis banks took a PR beating, limiting bonuses could prevent criticism; the Fed moved with authority in the face of the coronavirus.

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