There’s a rule of thumb in law that states that hard cases make bad law. The sentiment can be reworked a bit to extend to...
The European Commission reportedly wants to seek comments from banks on its plan to implement the Fundamental Review of the Trading Book (FRTB), which determines...
Another big bank CEO says that claims about politically motivated “debanking” are unfounded. In a speech before the Economic Club of Washington, D.C., Bank of America CEO Brian...
The regulatory framework should not prevent banks from providing innovative and competitive products and services, Federal Reserve Gov. Michelle W. Bowman said Monday (Feb. 17). Speaking...
Global payment service provider Ebanx secured In-Principle Approval (IPA) for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). This license supports cross-border money transfers...
The Federal Deposit Insurance Corporation (FDIC) rated three banks “outstanding” in its latest monthly list of banks examined for Community Reinvestment Act (CRA) compliance. The remainder of...
The shakeup on Capitol Hill — still ongoing, as the Trump administration settles in for its second round, as the new Congress has been seated...
The new administration is here, ushering in a phase of uncertainty surrounding banking regulations and the state of the regulatory agencies themselves. Beyond the usual...