TBTF

House passes SIFI reform; Living wills of biggest banks approved

12/20/17

The $50 billion threshold replaced by a formula, but bill must be reconciled with Senate version; Fed, FDIC say the eight big banks still have work to do.

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Treasury office accused of deceiving congressional auditors

12/07/17

A whistleblower charges that during the Obama administration, Treasury's Office of Financial Research manipulated information that it provided during a review by the Governmental Accountability Office.

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Big bank failure would mean crisis; JPM, Amex to share

12/06/17

The Office of Financial Research said the failure of a large financial institution could still ignite a crisis; hotel chain plans to use both issuers for its credit cards.

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Senate panel overwhelmingly approves Powell as Fed chair

12/05/17

Sen. Elizabeth Warren, D-Mass., was the only member of the Senate Banking Committee to oppose the nomination of Federal Reserve Board Gov. Jerome Powell to lead the central bank.

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A bank’s activities, not its assets, should decide regulatory status

11/16/17

The differences in business model between commercial banks and universal banks should not be ignored as Congress works to recalibrate the regulatory regime.

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Deal on TBTF rules; Warning on coin offerings

11/14/17

Bipartisan proposal would remove the SIFI label from more than two dozen banks; European regulator cautions investors on the risks as bitcoin price plunges.

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Can Congress agree on 'systemic' bank label change?

10/27/17

Momentum is building to replace the hard-target $50 billion asset systemic risk threshold for banks with an indicator test, but it remains unclear whether it will be enough to get Congress to act.

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Could online lending become the next systemic risk?

10/13/17

With issuance of marketplace securitizations now exploding — rising 300% cumulatively in the past two years — the idea of online lending as a niche is quickly deteriorating.

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Dem bill would shut down banks over Wells-caliber abuses

10/04/17

A bill backed by House Democrats would establish a process to review big banks for patterns of consumer violations, ending possibly in culpable institutions losing their charter.

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MetLife may be next to lose ‘too big to fail’ label

10/02/17

After the FSOC voted to rescind its systemic designation for AIG, it's unclear whether the interagency council will continue to appeal a court ruling overturning MetLife's SIFI designation.

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