Federal Reserve

Leveraged lending guidance in limbo after GAO move

10/31/17

A GAO determination has effectively nullified a 2013 leveraged lending guidance. But that leaves the future uncertain about what, if anything, regulators will devise to replace it — and how banks should treat such loans in the meantime.

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Big banks pay up; Paytm eyes U.S.

10/31/17

Big banks have raised deposit rates faster than regionals in order to retain depositors; India’s largest payment app wants to expand.

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Powell as Fed chair? Five things bankers should know

10/30/17

If President Trump picks Federal Reserve Board Gov. Jerome Powell as its next chair, it may represent the best of all worlds for bankers — a policymaker who will continue the central bank's monetary policy but be open to regulatory changes.

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Fulton in Pa. freed from several BSA consent orders

10/30/17

The OCC has terminated orders against three of Fulton's banks. The company, along with two other banks, still have BSA-related orders.

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Here’s what bankers are fearing this Halloween season

10/30/17

It's been a decent year for banks, especially given the industry's return on assets hit a 10-year high. But there are signs it might not last. With Halloween near, here is a look at some potentially frightening developments that could keep bankers up at night.

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When boards are stacked with hot seats, who wants the job?

10/30/17

It's tough to be a bank director these days, as the public and elected officials hold the board responsible for misdeeds that occur on their watch. Turnover is up, and filling the seats is more of a challenge than ever.

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There's a better way to identify SIFIs than size: Office of Financial Research

10/26/17

The Dodd-Frank Act’s $50 billion threshold for determining which banks are systemically important should be scrapped and replaced with an indicator test, according to the Office of Financial Research.

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Stress tests for midsize banks are more trouble than they’re worth

10/26/17

While stress testing can provide valuable insight into the strength and resilience of our financial system, regulators are increasingly acknowledging shortcomings in the post-crisis regime.

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Warsh vs. Quarles said to be renewed by Trump Fed search

10/25/17

The race to be the next Federal Reserve chairman is rekindling an old feud between Kevin Warsh, one of the Trump administration's finalists, and Randal Quarles, the newest Republican appointee to the Fed board, according to several people familiar with the matter.

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Senate votes to kill arbitration rule; banks pay up

10/25/17

Pence breaks tie to overturn rule prohibiting mandatory arbitration; depositors receiving higher rates in effort to retain them.

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