Federal Reserve

Fed approves change-in-control application against wishes of Minn. bank

12/19/17

The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, refusing to take into account claims the transaction imperils the target's S corporation status.

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M&T’s Robert Wilmers dies; sex scandal claims Visa executive

12/18/17

Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.

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Fed’s Quarles recuses himself from Wells-related actions

12/15/17

The Federal Reserve Board announced that Vice Chairman of Supervision Randal Quarles will recuse himself from matters related to Wells Fargo “to avoid even the potential appearance of a conflict of interest.”

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Meet the new risks, same as the old risks: Trump's FSOC shares many Obama-era fears

12/14/17

The Trump administration's first interagency assessment of systemic risk highlighted many of the same worries as previous reports, but added a new emphasis on economic growth and regulatory tailoring.

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Yellen hails continuity at Fed; online lending flops

12/14/17

Departing central bank chief says colleagues are committed to strict bank regulation; marketplace lending not living up to promises as delinquencies continue to rise.

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Yellen dismisses concerns about regulatory chops of Fed’s new leaders

12/13/17

Despite concerns from Democrats about the bank regulatory views of Federal Reserve Board officials who will lead the central bank going forward, the current Fed chair said she is not worried.

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Fed rate hike highlights need for greater business loan demand

12/13/17

The Fed’s rate hike on Tuesday will raise bank's funding costs, serving as a stark reminder that a return to strong, broad-based business loan demand can’t come soon enough.

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The familiar fingerprints on the Fed's stress test changes

12/12/17

In contrast to initiatives at other agencies, where Trump appointees are poised to go in a significantly different direction than their Obama-appointed predecessors, the stress test work appears aligned with the vision set out by former Fed Gov. Daniel Tarullo.

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Fed proposes intraday credit rule changes for foreign banks

12/11/17

The central bank's proposal would eliminate the use of a bank’s "strength of support assessment" ranking among other changes.

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Volcker Rule poised for revamp with Trump’s regulators in place

12/11/17

The industry derides the proprietary trading ban as costly, and the Trump administration has heard those concerns. Yet regulators must choose between subtle though expedient pin-prick changes versus a more drastic overhaul.

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