News Topic: Federal Reserve

Recent remarks from top officials at the FDIC and Fed suggest the agencies' recent impasse over reforming the Community Reinvestment Act may be ending. ... Read full article

Industry lawyers say the agency’s decision could have implications for other bankers looking to change jobs. ... Read full article

If the United Kingdom leaves the EU without a deal, certain contracts held by U.S. entities and relocated outside the U.K. will not face new margin requirements. ... Read full article

The Federal Reserve and Federal Deposit Insurance Corp. will hold two public meetings on BB&T's planned purchase of SunTrust to consider the deal's impact on the U.S. banking system ... Read full article

Recounting her family’s financial struggles, Jelena McWilliams said regulatory policy should address the plight of the underbanked. ... Read full article

Community bankers and state regulators want the FDIC and other agencies to rethink their approach to a simplified capital ratio for smaller institutions. ... Read full article

After more than two years of successful operation in delivering Same-Day ACH payments, Nacha's request to add a third processing window has been denied by the Federal Reserve, which says it has to obtain public comment on the concept. ... Read full article

If there is renewed interest in a proposal to restrict incentive-based plans, that isn’t enough to overcome obstacles that have hindered the rulemaking for so long. ... Read full article

The combined bank would be chartered in North Carolina, with the FDIC serving as its lead federal regulator, N.C. Banking Commissioner Ray Grace says. The merger partners had other options, including the Fed and the OCC. ... Read full article

While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test. ... Read full article

The revisions would emphasize activities-based regulation over labeling individual firms as systemically risky. ... Read full article

The Federal Reserve voted Wednesday to keep the countercyclical capital buffer at its current level of zero, ending some speculation that the board could be looking at a possible increase. ... Read full article

U.S. regulators are poised to scrap their proposal for revising Volcker Rule restrictions on banks' trading in favor of a newer version as they respond to a misstep that drew fire from Wall Street lobbyists, according to people familiar with the ... Read full article

The central bank is limiting the use of its qualitative objection in this year’s stress tests, the agency announced Wednesday. ... Read full article

The Federal Reserve said it wants to discourage banks from using returns on Fed account balances as a business model. ... Read full article

With the two companies said to be still mulling which charter to seek, the various options each have possible advantages and drawbacks. ... Read full article

Addressing lawmakers for the second straight day, the Fed chairman defended his agency’s refinements to the post-crisis regime. ... Read full article

Lawmakers on the Senate Banking Committee pushed Federal Reserve Chair Jerome Powell for details about how he plans to review the proposed merger between the two regional banks. ... Read full article