News Topic:

Now is not the time for the government to cut Federal Housing Administration premiums and enter new segments of the housing market. ... Read full article

Morgan Stanley is the latest firm to make a year-end efficiency push, eliminating about 1,500 jobs, according to people familiar with the matter. ... Read full article

Intense scrutiny from poker-faced CEO Charlie Scharf is prompting executives at the bank to ponder their units’ strategies — as well as what’s in store for their own careers. ... Read full article

A risk-based capital rule for Fannie Mae and Freddie Mac is expected to top the agenda in 2020 as the companies’ regulator executes plans for their release into the private sector. ... Read full article

Low rates and spotty loan demand mean banks are having to “dig deeper” to improve efficiency and maintain profit margins. ... Read full article

The prepaid card pioneer's banking-as-a-service platform might make it an attractive acquisition for an enterprise technology giant or bank, analysts say. ... Read full article

Some legislators and consumer groups want federal regulators to block such alliances. Here’s why that’s a bad idea. ... Read full article

With adjustments to the post-crisis regulatory framework now complete, the Federal Reserve may begin the decade year with a focus on supervisory and examination processes. ... Read full article

New CEO Tim Wennes is counting on soon-to-launch digital offerings to boost consumer loans and deposits and playing up Santander's international reach in a bid to win over middle-market and corporate clients. ... Read full article

The Consumer Financial Protection Bureau faces a busy policy agenda heading into the new year, as well as strong external forces that are beyond its control. ... Read full article

The board- and management-level handing of CRE concentration was the chief concern of FDIC examiners, making up more than 56% of all the supervisory recommendations regulators made in the two-year period. ... Read full article

BBVA USA said Monday that Susana Valencia will retain her job as Laredo City president while also overseeing commercial banking operations in its Texas border and Gulf Coast markets. ... Read full article

Two former officials were sentenced to five years each for falsifying travel expenses and lying to authorities. ... Read full article

PNC, Plaid and Venmo have been blamestorming over customer data-sharing issues of access, security and consent. ... Read full article

The central bank’s refusal to join the OCC and FDIC in revamping the Community Reinvestment Act sends an unmistakable message that their proposal is deeply flawed. ... Read full article

The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice. ... Read full article

The two agencies have delayed the deadline for the public to respond to a request for information on the rating system used to score banks' overall health. ... Read full article

The state has proposed a law to cap the interest rate on certain consumer loans, but nonbanks aim to skirt it by seeking a rent-a-charter. ... Read full article