FDIC's Gruenberg reiterates opposition to capital rule changes

09/06/18

The former head of the agency said the proposed changes to the enhanced supplementary leverage ratio will make banks vulnerable to disruption and failure.

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Wells faces Justice Department fraud probe of wholesale bank: Report

09/06/18

Investigators have sought more information from the bank in recent weeks about whether management pressured workers to improperly change documents in order to meet a regulatory deadline, according to a news report.

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Hensarling gives GSE reform another try

09/06/18

The departing House Financial Services chair unveiled a bill with Democrat John Delaney to repeal Fannie and Freddie's charters and establish Ginnie Mae as a backstop.

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FBI, OCC probe Amex; Former research chief sues New York Fed

09/06/18

The agencies are looking into firm's forex pricing; the Fed is accused of stalling on a novel banking idea.

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Has JPMorgan Chase started a price war?

09/06/18

Consultant and behavioral psychologist Wei Ke shares his view on the bank’s plan to offer free trading, and why competitors shouldn’t react too quickly.

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Freddie Mac names Brickman president as Layton plans departure

09/05/18

Freddie Mac is promoting Executive Vice President David Brickman to president and will consider him among possible candidates to be the agency's next CEO after Don Layton retires next year.

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Small-business borrowers on verge of consumer-style protections in Calif.

09/05/18

If Gov. Jerry Brown signs the legislation headed to his desk, it would be the first law of its kind in the U.S. It is designed to allow small-business owners to make comparisons between offers in the often bewildering world of online business lending.

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Housing execs to Congress: Multifamily projects strained by rules

09/05/18

As the demand for home rentals continues to rise, regulatory burdens could decrease the multifamily housing supply and drive up costs, witnesses said at a congressional hearing.

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Treasury, FHFA chiefs are preparing for Freddie CEO's exit

09/05/18

The Treasury Department and a key housing regulator are preparing to fill a second possible vacancy atop a U.S.-controlled mortgage giant, a move that could strengthen the Trump administration's hand in addressing unfinished business from the 2008 credit crisis.

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Post-crisis regulation only had 'modest' effect on lending volume: GAO

09/05/18

In a report, the watchdog said the economic environment and competition instead have driven trends in small business lending.

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