Jelena McWilliams

Agencies are close to finishing Volcker Rule changes: FDIC's McWilliams


The head of the Federal Deposit Insurance Corp. previously had said regulators were weighing numerous options for addressing criticism of their 2018 proposal.


Agencies closer to joint polices on CRA, small-dollar loans: FDIC head


Jelena McWilliams said federal bank regulators could begin "within a week or so" to discuss a draft proposal for reforming the Community Reinvestment Act.


Interest income pushes 1Q bank earnings up 9% to $61B: FDIC


More than 66% of the banks reported a jump in net income during the first quarter but new risks are emerging in interest rates and underwriting, the Federal Deposit Insurance Corp. said Wednesday.


'Absolutely devastating’ to small lenders: Lawmakers lay into CECL


Democrats and Republicans on the House Financial Services Committee called for steps to minimize the harm to community banks and credit unions bracing for the new accounting standard.


Brown to regulators: Be ready to discuss leveraged loans at hearing


The ranking Democrat on the Senate Banking Committee says he wants answers from the Financial Stability Oversight Council on efforts to address corporate debt risks.


Congress should review BB&T-SunTrust deal before agencies rule: Waters


The chairwoman of the House Financial Services Committee said the panel will be holding its own public hearings on the proposed merger.


FDIC announces new finance chief


Chief Financial Officer Steve App will be succeeded by Bret Edwards, who is now head of the FDIC's division of resolutions and receiverships.


Regulators plan meeting with law enforcement on banks’ AML burden


FDIC Chairman Jelena McWilliams revealed an effort by the banking agencies to gain better clarity on how authorities use the huge amounts of suspicious activity reports that banks must submit under anti-money-laundering laws.


FDIC must have full board to rule on BB&T-SunTrust: Sherrod Brown


In separate letters to President Trump and the head of the FDIC, the Senate Democrat said the merger cannot be approved until all five seats of the agency's board of directors are filled.


FDIC board backs reg relief proposals for foreign banks, living wills


Following the Federal Reserve Board, the FDIC signed off on proposed measures to ease resolution planning requirements and tailor supervisory standards for foreign banking companies operating in the U.S.