Despite some growing support for central banks issuing digital currencies, the practice raises important privacy concerns and questions about the structure of the banking system. ... Read full article
Jonathan Gould, the committee's chief counsel, has been hired by the Office of the Comptroller of the Currency as senior deputy comptroller and chief counsel. ... Read full article
Two groups are asking the agency to restrict collectors to "one live conversation per week" with a borrower and up to three phone attempts per week. ... Read full article
Though it became official in January in the U.K., most people there don't know what it is, according to a new survey that offers many insights for U.S. banks. ... Read full article
A proposal allowing more lenders to skip outside appraisals could remove a hurdle to quick closings, but appraisers say they could be collateral damage. ... Read full article
In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed. ... Read full article
The Fed wants more information on Treasury and mortgage-backed securities; will overlook compliance failures resulting from pilot programs. ... Read full article
Atlanta Fed chief says consumers don't know the risks of using nonbank payments providers, like Apple Pay; equity derivatives desks will reap rewards of volatility. ... Read full article
Cash-outs accounted for 80% of mortgage refinances in the third quarter; state will accept bitcoin for business tax payments. ... Read full article
Readers react to trends in public banking, weigh potential changes for brokered deposits, consider oversight of foreign banks and more. ... Read full article
Decades-old measures designed to rein in risky lenders are now preventing healthy banks from tapping crucial sources of funds. ... Read full article
The initiative would allow financial firms to test new — and potentially less transparent — disclosure forms on customers. ... Read full article
A 10-year exemption for banks offering estimated fees and exchange rates under the rule, instead of exact amounts, is set to expire in 2020. Lawmakers should consider a temporary extension. ... Read full article
Wells Fargo explains to the "girls" that there really is no gender bias, but that guy is retiring, OK? Rana Yared is one of Goldman Sachs' 18 new female partners. And Mary Meeker sets a huge target for the venture capital firm she'll ... Read full article
The agency’s flawed methodology for determining interest rate caps on certain accounts poses risks for banks offering free, low-deposit checking and the financial system more broadly. ... Read full article
As he weighs a possible presidential bid, Sen. Sherrod Brown, D-Ohio, touched on a likely campaign theme Tuesday, saying both political parties have done a poor job dealing with rural concerns. ... Read full article
The banking agencies have proposed weakening several liquidity, capital and stress test requirements without considering the cumulative effect of the many changes being undertaken. ... Read full article
Regulators typically write rules before applying them. But the CFPB is attempting the reverse. ... Read full article
The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%. ... Read full article
The head of the Consumer Bankers Association lays out four industry priorities for the regulatory push to overhaul the Community Reinvestment Act. ... Read full article
