Supreme Court battle, presidential race loom over CFPB in 2020

12/23/19

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.

[more]

FDIC issues warnings on leveraged lending, CRE concentration

12/23/19

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.

[more]

BBVA names new CEO of Texas Border, Gulf Coast markets

12/23/19

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.

[more]

Former Dallas FHLB execs sentenced to prison on fraud charges

12/23/19

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

[more]

Is a new data war about to erupt?

12/23/19

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

[more]

By staying on sidelines, the Fed is protecting CRA

12/23/19

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.

[more]

Will Congress do anything about credit unions buying banks?

12/22/19

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.

[more]

Fed, FDIC extend comment period for input on Camels ratings

12/20/19

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.

[more]

There’s a ‘true lender’ fight brewing in California

12/20/19

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.

[more]

Goldman in settlement talks with DOJ; Congress members ask JPM about equality

12/20/19

The bank could pay about $2 billion to close the 1MDB case in the U.S.; in letters lawmakers ask Dimon about policies to combat racism.

[more]