Eliminating regulations that boost reserve holdings without making the financial system safer could help the Federal Reserve shrink its balance sheet, Lorie Logan, president and CEO of the Federal Reserve Bank of Dallas, said Thursday (April 2). Get the Full Story Complete the form to...
The Office of the Comptroller of the Currency (OCC) has rescinded its recovery planning guidelines that apply to banks with at least $100 billion in assets, saying this is part of its effort to eliminate unnecessary regulatory burden. Get the Full Story Complete the form...
A House Financial Services subcommittee hearing on financial technology and regulation explored how much supervisory uncertainty banks are expected to tolerate as regulators rework their approach almost in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The FTC has written four payment companies warning them not to deny service to customers based on political/religious beliefs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
New capital rules for U.S. banks could reportedly boost the private credit space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The Federal Reserve’s internal watchdog has found that the central bank is taking longer to approve bank mergers and acquisitions than it did four years ago, despite launching a dedicated reform effort to speed things up. The finding lands at a moment of heightened scrutiny...
British regulators have fined the Bank of London for providing fabricated documents about its finances. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today....
The federal bank regulators are seeking comment on three proposals they said would streamline capital requirements for banks of all sizes, better align regulatory capital with risk, and maintain the safety and soundness of the banking system. Get the Full Story Complete the form to...
The Office of the Comptroller of the Currency (OCC) terminated enforcement actions against four banks in March. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
