OCC

Bank trading revenue up 2.7% in 3Q, OCC reports

December 12, 2018 0

Trading revenue of U.S. commercial banks and federal savings associations rose $0.2 billion, or 2.7%, from the second quarter to a total of $7.1 billion, the Office of the Comptroller of the Currency (OCC) said […]

CFPB

Mulvaney commends Kraninger’s confirmation

December 11, 2018 0

The former acting director of the consumer financial protection bureau, John (“Mick”) Mulvaney, commended Kathleen (“Kathy”) Kraninger’s confirmation to a five-year term as bureau director in a statement posted online and dated Tuesday. Kraninger was […]

The Fed

Fed proposes financial statement changes for CECL

December 11, 2018 0

A notice for comment on the proposed, three-year extension of financial reports of Federal Reserve-supervised banking organizations also invites input on report changes addressing the transition to the current expected credit loss (CECL) accounting standard […]

CFPB

Kraninger sworn in as 3rd director of BCFP

December 10, 2018 0

The federal consumer financial protection agency officially has a new director, as Kathleen (“Kathy”) Kraninger was sworn in Monday evening; she was confirmed to serve a five-year term by the Senate Thursday. Vice President Mike […]

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