Central banks team up to study case for digital currencies


The body will include the Bank of England, Bank of Canada, the Bank of Japan and the European Central Bank, but not the Federal Reserve or the People's Bank of China.


Bill would aid New York cabbies who can't make loan payments


Federal legislation introduced this week by Rep. Gregory Meeks, D-N.Y., would ensure that taxi drivers don't get taxed on medallion debt that gets forgiven. The bill dovetails with a debt forgiveness plan under development in New York, where hundreds of drivers have filed for bankruptcy.


Trump plans to nominate Shelton, Waller to Fed board


The president tapped the pair in July for the two remaining vacancies, but the formal announcement of his intention to nominate them didn’t come until this week.


Alan Kline named editor-in-chief of American Banker


Alan Kline, a 22-year veteran of American Banker, has previously served as editor-in-chief of US Banker.


Warren says she’d bypass Congress to cancel federal student debt


The proposal announced Tuesday is aimed at attracting younger voters.


‘It’s game time’: Libor transition to pick up steam in new year


Regulators' oversight of the industry's switch to a new interest rate benchmark is expected to intensify as a key deadline approaches.


No, the FHA should not be pushed to the brink again


Now is not the time for the government to cut Federal Housing Administration premiums and enter new segments of the housing market.


OCC flags risks from banks' tech overhaul, Libor transition


The agency’s semiannual report warned institutions to be mindful of operational risks from the innovation in core banking systems, and detailed supervisory steps to monitor the adoption of a new reference rate.


What ongoing repo turmoil means for banks


Federal Reserve officials said they contained fallout from the rate spike in the repurchase agreement market, but the episode poses longer-term repercussions for liquidity rules, the transition to a new interest rate benchmark and other issues.


Highs and lows in FDIC's 3Q report on industry's health


One-time expenses at a handful of large banks marred an otherwise solid quarter, while higher charge-offs point to possible credit-quality concerns.