Many in the industry have cheered regulators’ interest in improving the supervisory rating system, but they may shy from commenting publicly about their experiences in a confidential process. ... Read full article
A proposal to revise how the agency calculates the restrictions for less than well-capitalized banks relies on faulty methodology and ignores competition from fintechs and credit unions, according to the industry. ... Read full article
Regulators globally are using "tech sprints" to test new anti-money-laundering solutions. More can be done, but it's a good start. ... Read full article
It's time to establish a fintech commission. ... Read full article
The Rakuten application has opened another front in the battle over nonfinancial companies' ownership of banks. ... Read full article
The chairman acknowledged the timetable is "ambitious." ... Read full article
The two agencies requested comment on the scorecard regulators use to assess a bank's overall health as some question whether ratings are consistently applied. ... Read full article
Readers cast doubts on regulatory attempts to jointly revamp the Community Reinvestment Act, react to Democrats berating the CFPB head, an upcoming House hearing with Facebook's CEO and more. ... Read full article
The three federal bank regulators often say they want to work together to reform the Community Reinvestment Act. But once again, a senior official has raised the possibility the agencies will move separately. ... Read full article
Executives sent a letter to the federal banking regulators last month expressing concern that an alternative to the London interbank offered rate could limit credit availability. ... Read full article
All personnel will qualify for up to six weeks of paid leave following the birth, adoption, or foster-care placement of a child in their home, the agency said. ... Read full article
Even with the FDIC actively encouraging groups to start banks, challenges like raising capital and low interest rates make it tough. ... Read full article
FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency. ... Read full article
Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobby groups, Freddie Mac's exploration into AI and more. ... Read full article
Jelena McWilliams told community bankers that policymakers should be a resource for banks trying to adopt new technology. ... Read full article
The plan approved by the Federal Deposit Insurance Corp. Tuesday would require banks to exchange initial margin only in deals involving external swaps parties. ... Read full article
Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough. ... Read full article
Higher net interest income and securities gains boosted quarterly profit to $62.6 billion, which was 4% higher from a year earlier. But potential trouble signs from lower interest rates may emerge. ... Read full article
The agencies handed banks a significant victory when they finalized revisions to the Dodd-Frank proprietary trading ban, but officials also plan to re-propose changes to the “covered funds” section of the rule. ... Read full article
Readers react to regulators revamping the Volcker Rule and the U.S. Postal Service getting into banking, criticize HUD's plan to make it harder for consumers to allege discrimination and more. ... Read full article
