News Topic: Federal Reserve

The filing delay came as the new regulatory relief law passed in May has reduced the number of banks required to submit resolution plans. ... Read full article

The company continues to be restricted from pursuing acquisitions until the Federal Reserve lifts its enforcement order requiring it to strengthen anti-money-laundering controls. ... Read full article

The president’s signature tax reform law muddled this year’s stress test results, causing several banks to incur greater-than-expected losses and spurring the Federal Reserve to constrain capital distributions at a handful of banks. ... Read full article

All 35 banks passed the Federal Reserve's first round of tests, but their results were not as stellar as last year's. ... Read full article

The quest for fast payments is advancing on the consumer side, but most banks are said to be undecided about a host of issues tied to speeding up transactions between businesses. ... Read full article

A proposal to revise parts of the Dodd-Frank Act ban on proprietary trading would make it easier for banks to conduct risky trades. ... Read full article

The central bank's rule-writing workload is expected to remain busy for the foreseeable future, thanks in large part to enactment of the recent regulatory relief bill. ... Read full article

The new guidelines are a prelude to a much larger effort by regulators to modernize implementation of the Community Reinvestment Act. ... Read full article

Largest banks would be limited on how much risk they could have with each other; the credit bureau has hired the former head of the computer giant's Watson unit. ... Read full article

The rule hews closely to a 2016 proposal but the central bank made a notable change to reflect a higher threshold for banks considered "systemically important." ... Read full article

Federal Reserve Chairman Jerome Powell said the agency has its hand full between proposals on liquidity and capital requirements and additional mandates made by the recently enacted regulatory relief law. ... Read full article

Almost half of systemically important financial institutions are trading in bear territory; bank is accused of overcharging customers for mortgage-backed securities. ... Read full article

The Senate Banking Committee approved the nominations of Richard Clarida as vice chairman of the Fed and Michelle "Miki" Bowman as a Fed governor. ... Read full article

The agency will release the results of the Dodd-Frank Act Stress Test on June 21 and the Comprehensive Capital Analysis and Review on June 28. ... Read full article

U.S. banks reduced their holdings of state and local government bonds for the first time since 2009 after the federal government slashed corporate tax rates, according to figures released by the Federal Reserve Thursday. ... Read full article

The panel will vote on economist Richard Clarida to be vice chairman of the Fed board and Michelle “Miki” Bowman to take a seat designated for a community banking expert. ... Read full article

The regulatory relief legislation rolls back several stress test requirements for regional and midsized banks, putting more onus on financial institutions and their regulators to ensure banks are managing their risk appropriately. ... Read full article

Democratic CFTC commissioner Rostin Behnam said Monday that the proposed changes to the proprietary trading ban go too far. ... Read full article