Risk management

Gun policy's a job for government, not banks

01/25/19

Proposals that would have financial firms monitor or refuse to finance certain firearms purchases are misguided, putting the onus on unelected corporations.

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BoE's Carney says jail for bankers a bluff, hitting pay is best weapon

01/24/19

Bank of England Governor Mark Carney said threats of jail for bankers are just a bluff and the real weapon to improve behavior is hitting pay packets.

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Banks didn't cause the shutdown — why are they on the defensive?

01/24/19

The question of what banks are doing to aid government workers shows how the industry is still struggling to rebuild its image following the crisis.

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Big U.S. banks are letting stress tests make decisions for them

01/23/19

Seventy-eight percent of global banks now use regulatory stress tests to assess concentrations and set limits internally, according to a Deloitte survey to be released Wednesday. That's up from 67% in 2012. Eighty-seven percent of respondents said they use capital stress tests for strategy and business planning, up from 68%.

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Basel Committee releases new capital standard for market risk

01/14/19

The revised recommendations are one of the last remaining pieces left to finish in the Basel III capital accords.

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Is something missing from the U.S. regulatory toolbox?

01/13/19

The post-Dodd-Frank era is one of rightsizing and tailoring rules, but a key bloc of the regulatory brain trust believes the U.S. still lacks mechanisms that could prove helpful in a crisis.

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Why banks should stress-test for climate change

01/02/19

Bank portfolios are chock full of loans to industries — think agriculture, tourism, real estate and energy — that could be particularly hard hit by warming temperatures. Some large banks are engaging in "scenario analysis" to mitigate the risk.

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Mnuchin called CEOs of largest banks to talk market stability

12/23/18

Treasury Secretary Steven Mnuchin called top executives from the six largest U.S. banks over the weekend, he said Sunday on Twitter, a move that followed heavy losses in the stock market last week and a partial federal government shutdown.

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FHFA would ban VantageScore from Fannie Mae, Freddie Mac credit scores

12/13/18

The Federal Housing Finance Agency has proposed barring Fannie Mae and Freddie Mac from using credit scores developed by VantageScore over concern about conflicts of interest with the joint venture of Equifax, Experian and TransUnion.

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Fed won't lift Wells' growth cap until deficiencies are fixed: Powell

12/10/18

The Federal Reserve Board chairman told Sen. Elizabeth Warren in a letter that the central bank is actively reviewing the bank's progress in following a February consent order.

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