Randal Quarles

Why some foreign banks might fail new round of stress tests

05/01/18

Overseas firms have been subject to nonpublic versions of the Federal Reserve reviews, but observers say some foreign banks may be tripped up by the public version.

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The death of the Basel Committee has been greatly exaggerated

04/24/18

The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected.

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Calif. treasurer wants Wells CEO gone; Cryptocurrencies may not comply

04/24/18

John Chiang says the bank “reeks of betrayal” a day before the bank’s annual meeting; the former chair of the CFTC has doubts about cryptocurrencies.

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Fed official resists taking sides in gun control-bank conflict

04/19/18

Randal Quarles found himself in the middle of an issue that typically doesn't fall under a bank regulator's purview.

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Quarles suggests new Fed approach to ILCs

04/18/18

Comments by Federal Reserve Vice Chairman for Supervision Randal Quarles appeared to contrast with past statements by former officials about the controversial charter.

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CRA needs to come off 'autopilot,' Fed's Quarles says

04/17/18

The rules to comply with the Community Reinvestment Act have become "formulaic and ossified" and must be changed to encourage lending practices the law originally intended to foster, the Fed's top regulator said.

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Fed weighs more transparency, less subjectivity for stress tests: Quarles

04/16/18

The Federal Reserve is considering allowing banks a chance to comment on stress tests before they take them and dropping any qualitative review for the largest banks’ performance, according to Randal Quarles, the central bank’s vice chairman for banking supervision.

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Fed, OCC back proposal to ease big-bank capital measure — without FDIC

04/11/18

The agencies proposed changes to the way they apply a capital backstop to the largest systemically important firms, replacing a static leverage ratio with a more dynamic ratio that takes each bank’s risk profile into account.

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Fed unveils capital proposal aimed at simplifying stress tests

04/10/18

New capital regime expands on concept first articulated by former Fed Gov. Daniel Tarullo to modernize stress tests.

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If regulators can’t fix bank culture, who can?

03/29/18

Policies to shore up banks’ corporate cultures have remained a low priority even though some regulators want to attack the issue head on. Strengthening a firm’s ethical values may best be left to a bank’s internal brass.

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