A proposed rule to amend the supplementary leverage ratio of the regulatory capital rule to allow custodial banks to exclude qualifying deposits at central banks from their supplementary leverage ratio, as directed by last year’s […]
Rodney Hood, the newly installed chairman of the National Credit Union Administration (NCUA) Board, said in opening Thursday’s board meeting that he is looking forward as chairman to enhancing and modernizing the federal credit union […]
The Federal Reserve Board on Thursday announced the termination of a January 2017 cease-and-desist order against BB&T Corp. of Winston-Salem, N.C., over the firm’s “significant” Bank Secrecy Act/anti-money laundering (BSA/AML) deficiencies. The consent order, signed […]
In its first open meeting featuring a full complement of three members since 2016, the NCUA Board on Thursday issued an advance notice of proposed rulemaking (ANPR) that seeks comments on how current rules could […]
Proposed revisions to call reports that would reflect the proposed community bank leverage ratio (CBLR) are in the planning stages at the federal banking agencies, according to filings by the agencies Thursday. The Federal Deposit […]
A symposia series planned in the coming year by the Consumer Financial Protection Bureau (CFPB) will focus on topics related to the bureau’s mission, beginning with a look at clarifying the meaning of “abusive acts […]
An informal survey of trends throughout the Federal Reserve districts showed continued, slight-to-modest growth in economic activity, a somewhat tight labor market and modest price increases during March and early April, according to the Fed’s […]
An Englewood, N.J. real estate developer pleaded guilty and admitted his role in a conspiracy to illegally obtain nominee loans from Mariner’s Bank, the U.S. Attorney for the district of New Jersey announced late last […]
The Federal Reserve Board and the Federal Deposit Insurance Corp. (FDIC) are jointly seeking public comment on a proposal to modify their resolution plan – or “living will” – requirements for U.S. and foreign banking […]
The details of what sort of relationship constitutes control of a bank by another firm will be considered at an open meeting the Federal Reserve Board next week, the agency said Tuesday. The meeting, set […]
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