Can banks keep their reg relief winning streak alive?
Further legislative reform will face resistance, but it could still happen. ... Read full article
Further legislative reform will face resistance, but it could still happen. ... Read full article
The plan, which the Federal Reserve Board approved Wednesday, would tailor compliance programs for banks based on their trading volume and revise definitions to help banks determine which trades are banned. ... Read full article
Deutsche Bank's U.S. business was put on a Federal Reserve list of problem banks and added to a group of troubled lenders monitored by the FDIC, according to a person familiar with the matter. ... Read full article
The proposal to ease compliance with the Volcker Rule was portrayed as a rollback of the Dodd-Frank ban on proprietary trading. But it wasn't — here's why. ... Read full article
Compliance changes proposed by the Fed would likely please banks, but reactions to the plan from past and current policymakers have been wildly different. ... Read full article
The $1.9 trillion-asset bank is under pressure to provide investors more information about when it expects to resolve the numerous headaches that have arisen in the wake of its phony-accounts scandal. ... Read full article
Proposal to revamp 2013 rule appears to home in on larger banks with higher trading volume and ease the requirements for others. ... Read full article
Volcker 2.0 could bring significant relief for the industry, but will likely fall short of what many had hoped. ... Read full article
The London interbank offered rate will likely be replaced by a new reference rate that critics say is better suited for the derivatives market than it is for commercial lending. ... Read full article
Lenders would have a lighter data-reporting burden, but they may end up deciding to collect the data anyway. ... Read full article
More than a dozen lawmakers wrote to the banking agencies Friday, arguing that any regulatory reforms to the Community Reinvestment Act should focus on expanding access to credit. ... Read full article
As the Fed continues to hone post-crisis tools, its chairman said central banks cannot take their independence for granted. ... Read full article
Long-awaited modifications to proprietary trading ban are to be unveiled at an open meeting on May 30. ... Read full article
For many borrowers, near-guaranteed approvals and faster turnaround times are more important than the lower rates offered by banks and credit unions. ... Read full article
Combined with another key change that would give banks more leeway in trading, the revisions on hedging could further blunt the impact of the rule named after a former Fed chairman. ... Read full article
Commenters will have more time to weigh in on the plan, by the Fed and OCC, that has triggered divisions among the federal regulators. ... Read full article
With Congress set to approve a regulatory relief bill and vote on an FDIC chairman, banks will soon see the deregulation they’ve long been anticipating. ... Read full article
Christian Sewing doesn’t only have to reshape the company, revive profits and improve morale, he has to get regulators off Deutsche Bank’s back. ... Read full article
The Federal Reserve should think about dialing back its demand that foreign banks in the U.S. have an especially amplified ability to absorb losses, Vice Chairman Randal Quarles said at a Wednesday conference. ... Read full article
Circle Internet Financial says it is now worth $3 billion following latest funding round; proposed changes would give banks more leeway to make some trades. ... Read full article