Randal Quarles

Fed’s Quarles details possible Volcker Rule changes

03/05/18

The Federal Reserve Board's vice chairman for supervision said certain definitions should be more consistent and clearer in order to give regulated entities a better understanding of what to expect when complying with the trading ban.

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'We are not looking to relax regulation': Fed's Quarles

02/26/18

The Federal Reserve Board's vice chairman for supervision said he did not foresee the agency’s regulatory review as significantly reducing capital levels.

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Fed’s Quarles to seek more ‘tailoring’ of large-bank rules

01/19/18

Federal Reserve Vice Chairman for Supervision Randal Quarles on Friday gave the clearest indication yet of the central bank's intention to recalibrate the regulatory framework for the nation’s largest banks.

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Senate panel approves Powell as Fed chair for second time

01/17/18

The Senate Banking Committee had approved Powell already in December, but a revote was necessary after the Senate adjourned for the year without finalizing his confirmation.

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Fed details planned changes to large banks’ risk management

01/05/18

The proposal lays out principles in three critical areas: the effectiveness of senior management, handling of the firm’s business line and the independent risk management structures within a banking organization.

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As FSOC rethinks SIFIs, will any nonbanks remain on the list?

12/28/17

The Trump administration's Financial Stability Oversight Council is likely to remove the systemically important financial institution label for the remaining nonbanks on the list, but it might consider adding other firms such as Fannie Mae and Freddie Mac.

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M&T’s Robert Wilmers dies; sex scandal claims Visa executive

12/18/17

Long-time CEO grew M&T Bank into a $120 billion regional lender; Jim McCarthy, a high-profile manager, didn’t inform company about relationships.

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Fed’s Quarles recuses himself from Wells-related actions

12/15/17

The Federal Reserve Board announced that Vice Chairman of Supervision Randal Quarles will recuse himself from matters related to Wells Fargo “to avoid even the potential appearance of a conflict of interest.”

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Yellen dismisses concerns about regulatory chops of Fed’s new leaders

12/13/17

Despite concerns from Democrats about the bank regulatory views of Federal Reserve Board officials who will lead the central bank going forward, the current Fed chair said she is not worried.

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The familiar fingerprints on the Fed's stress test changes

12/12/17

In contrast to initiatives at other agencies, where Trump appointees are poised to go in a significantly different direction than their Obama-appointed predecessors, the stress test work appears aligned with the vision set out by former Fed Gov. Daniel Tarullo.

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