News Topic: Federal Reserve

A community bank gets taken to task by the Equal Employment Opportunity Commission. Tennis player Andy Murray makes his mom — and lots of other women — proud at Wimbledon. Also, the Bank of England's Charlotte Hogg and Morgan Stanley's Naureen ... Read full article

Federal Reserve Board Chair Janet Yellen on Wednesday defended policies related to commercial banks in the face of GOP criticism while also pinpointing areas where the Fed is open to regulatory easing. ... Read full article

Trump’s nominee for head of bank supervision at the Fed may tackle Volcker Rule revision; rising home prices and improved job market give borrowers more options as lines of credit reset. ... Read full article

The administration and regulators are considering exempting certain asset classes from the leverage ratio, but opponents say going down that road is a mistake. ... Read full article

Agency rule would make it easier to sue banks, but Congressional Republicans likely to fight it; Trump nominates Randal Quarles as Fed’s vice chair for supervision. ... Read full article

President Trump will nominate Randal Quarles as the Federal Reserve's vice chairman of supervision, the top bank regulatory post at the central bank, according to an announcement by the White House late Monday. ... Read full article

Tucked away in the Treasury Department’s regulatory reform report released last month was a nascent effort to reform the way regulators implement the Community Reinvestment Act. ... Read full article

Federal Reserve Board Gov. Jerome Powell stopped short of endorsing any single housing finance reform plan, but called on lawmakers to resolve what he described as the biggest unfinished business of the crisis. ... Read full article

Mark Van Der Weide will become the Federal Reserve Board's general counsel later this summer, succeeding Scott Alvarez. ... Read full article

American card processor has a deal for its British counterpart; after passing Fed tests, banks still stressed by weak lending, low interest rates. ... Read full article

Federal Reserve Chair Janet Yellen was hospitalized over the weekend in London for treatment of a urinary tract infection but has been discharged. ... Read full article

Six biggest banks set to return nearly $100 billion to shareholders; Capital One’s plan approved by Federal Reserve, but with conditions. ... Read full article

All 34 banks passed the Fed’s CCAR stress test, fueling industry calls to dial back the intensity of the stress tests. But many of the changes have already been internalized by banks. ... Read full article

The research firm is set to release a report Tuesday that it says previews the results of the Fed’s 2017 Comprehensive Capital Analysis and Review stress test results for 16 superregional banks. ... Read full article

A dad challenges JPMorgan Chase’s parental leave policy. A shareholder proposal to address the gender pay gap gets shot down at Citigroup. Plus, Cathy Bessant, Yolande Piazza and Elizabeth Warren. ... Read full article

All 34 big banks demonstrate they could survive a severe recession; credit cards emerge as the biggest vulnerability, with a projected $100 billion in losses. ... Read full article

President Trump plans to tap nominees to head the independent financial regulators that will be more willing to listen to industry than past heads, a senior White House official said Thursday. ... Read full article

The test showed that banks face potentially heavy losses in certain loan categories under economic stress, particularly in the area of credit cards, counterparty losses and commercial and industrial lending. ... Read full article