A pair of nominees to the Federal Reserve Board vowed Tuesday to protect the independence of the agency if confirmed, but avoided taking hard stances on pending regulatory issues. ... Read full article
The former Citigroup CEO is investing $100 million in Fair Square Financial, a midmarket card issuer; the exit leaves one executive atop the bank’s securities division. ... Read full article
The Fed and FDIC are at odds over how proposed changes to the supplemental leverage ratio would change megabanks’ capital levels. Here's why both estimates are right but misleading. ... Read full article
Fed Chair Jerome Powell said Thursday that the central bank's board of governors will take a vote before Wells Fargo is ultimately released from its growth restriction mandate, a decision that had previously been left up to staff. ... Read full article
Democratic Senator Kamala Harris on Thursday upped the pressure on the U.S. central bank to make its leadership more diverse, introducing legislation to compel the Federal Reserve's 12 regional banks to interview at least one woman and one minority ... Read full article
The embattled company said Thursday that the asset cap imposed by the Federal Reserve will likely remain in place through “the first part of 2019.” Is this a sign of further delays to come? ... Read full article
The Senate Banking Committee will consider the nominations of Richard Clarida and Michelle "Mick" Bowman to the Federal Reserve next week. ... Read full article
The Federal Reserve’s top regulator says proposed capital changes make system safer while overall capital levels are unchanged. ... Read full article
Trump-appointed regulators are making headway on easing regulations. But there's one critical voice missing. ... Read full article
Overseas firms have been subject to nonpublic versions of the Federal Reserve reviews, but observers say some foreign banks may be tripped up by the public version. ... Read full article
The outgoing No. 2 of the Federal Deposit Insurance Corp. and the agency's former chair say the proposed changes would increase the likelihood of another financial crisis. ... Read full article
The senior official said U.S. regulatory agencies should not rush to complete certain final aspects of Basel III, to prevent the new standards from conflicting with existing rules. ... Read full article
The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected. ... Read full article
John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies. ... Read full article
The costly order against Wells Fargo contains both unexpected good news for the bank and more potential problems for its CEO. ... Read full article
A new accounting standard will soon go into effect, but banks still lack clarity on how to conform. ... Read full article
The latest fine from regulators is expected to be leveled against the bank as early as Friday. But it's far from the only penalty it has paid in recent years, and more may be on the way. ... Read full article
Randal Quarles found himself in the middle of an issue that typically doesn't fall under a bank regulator's purview. ... Read full article
Two recent central bank proposals may exacerbate problems with the agency’s capital surcharge for big banks. ... Read full article
Comments by Federal Reserve Vice Chairman for Supervision Randal Quarles appeared to contrast with past statements by former officials about the controversial charter. ... Read full article
