News Topic: Financial regulations

The bank aims to revitalize with internal promotions; German chancellor will let the country’s two biggest banks work things out themselves. ... Read full article

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

Policymakers should continue to simplify requirements, so that banks and regulators alike can focus on the most important measures of stability. ... Read full article

Readers debate the merits of activist pressure on bank business, discuss the Trump administration's influence on the CFPB, consider Wells Fargo CEO Tim Sloan's performance before Congress and more. ... Read full article

As the fintech industry grows, these companies should face the same tough standards as banks and credit unions. ... Read full article

The FDIC should consider limiting its toughest restrictions on brokered deposits to problem banks. ... Read full article

How well Tim Sloan fares before the House Financial Services Committee will hinge largely on his ability to stay on message in the face of what is expected to be sharp criticism from Democratic lawmakers. ... Read full article

Recent history shows how dangerous these short-term products can be without appropriate guidelines in place. ... Read full article

Readers consider Square's bid to become an industrial loan company, weigh the Federal Deposit Insurance Corp.'s oversight of brokered deposits and debate reforms to the Consumer Financial Protection Bureau. ... Read full article

Senate Democrats are pushing the CFPB to resume examinations under the Military Lending Act, according to a letter sent to the agency's director on Tuesday. ... Read full article

By applying to become an industrial loan company, the fintech would be able to use insured deposit accounts as a cheap source of funding without having to comply with the tough rules banks face. ... Read full article

Bankers should pay attention to a recent case in Wyoming in which regulators have sought to bar two executives for misusing confidential bank information for the benefit of a rival institution. ... Read full article

Regulators spend considerable time and resources reviewing big mergers and the process shouldn’t be used as a proxy for the “too big to fail” fight. ... Read full article

A report identified gaps in documentation and other weaknesses that the watchdog said heighten the risk of agency officials being too cozy with the institutions they supervise. ... Read full article

The agency recently proposed gutting the ability-to-pay standard in its small-dollar loan rule, a move that would benefit the payday loan industry and harm consumers. ... Read full article

The banking agencies would benefit from running simulations designed to ensure they’re ready to handle the next crisis. ... Read full article

Readers weigh legislative proposals on pot banking, consider JPMorgan's new digital coin, debate the Federal Deposit Insurance Corp.'s brokered deposit rules and more. ... Read full article

After six years, Rep. Ed Perlmutter tells American Banker he is finally seeing some traction on his legislation to allow banks to serve legal marijuana businesses. ... Read full article