SIFIs

Senate bill would add another step to FSOC designation process

03/14/19

A bipartisan group of senators is proposing legislation to require the Financial Stability Oversight Council to weigh alternatives before putting a large, complex nonbank under Federal Reserve supervision.

[more]

Dodd-Frank oversight council wants to make it harder to designate nonbanks

03/06/19

The revisions would emphasize activities-based regulation over labeling individual firms as systemically risky.

[more]

Fed curbs stress test requirement for most large banks

03/06/19

The central bank is limiting the use of its qualitative objection in this year’s stress tests, the agency announced Wednesday.

[more]

Is Dodd-Frank oversight council still relevant?

03/05/19

The interagency panel formed to head off approaching systemic risks must figure out its next move after having undone designations of nonbank firms.

[more]

With SIFI threshold lifted, New York Community accelerates growth

01/30/19

Assets increased 6% in 2018 to nearly $52 billion as loan originations surged and the company redeployed $2 billion of cash into higher-yielding securities.

[more]

Warren asks big banks for details on their shutdown response

01/16/19

Sen. Elizabeth Warren questioned the five largest U.S. retail banks in a letter on what they are doing to reduce the impact of the government shutdown on customers.

[more]

Hard Brexit is a systemic risk to U.S. banks

01/15/19

A no-deal Brexit could throw the international swaps market into disarray in a way that could be difficult to predict, and could have dire consequences for U.S. banks and the world economy.

[more]

Fed readying capital rule for insurance firms under its watch

01/09/19

The Dodd-Frank Act gave the central bank authority to set capital requirements for insurance companies that own a federally insured bank, as well as those determined to be systemically important.

[more]

Top bank M&A deals of 2018

12/23/18

A big splash by Fifth Third, a bid by WSFS to reinvent itself and some bold long-distance expansions highlighted a year where deal activity held steady but premiums rose.

[more]

Two Democrats added to Senate Banking Committee in new term

12/13/18

Sen.-elect Kyrsten Sinema, D-Ariz., and Sen. Tina Smith, D-Minn., will join the panel as their caucus loses two other committee members who suffered election defeats.

[more]