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What's up
  • [ November 21, 2025 ] Former Wells banker wins reprieve from order resulting from sales practice misconduct case OCC
  • [ November 21, 2025 ] FDIC Board to take up leverage ratio, loss-absorbing capacity rules Tuesday; BIF ratio, official sign rule delay also slated FDIC
  • [ November 21, 2025 ] More time made available to comment on stress test model, transparency, accountability The Fed
  • [ November 19, 2025 ] White House offers OMB staffer, with focus on environment, to become consumer bureau director CFPB
  • [ November 19, 2025 ] Regulator takes control of small PA credit union, citing unsafe, unsound practices NCUA
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FDIC

Seeking to improve ‘technical assistance,’ agency wants feedback from banks, savings institutions

June 3, 2019 0

Feedback on additional steps that could be taken to provide technical assistance to banks and savings institutions is being sought by the federal insurer of bank deposits, in an effort – the agency said Monday […]

NCUA

NCUA OIG report indicates adding ‘S’ to CAMEL could take nearly 3 more years

June 3, 2019 0

Plans at credit unions’ federal regulatory agency to add an “S,” for market risk Sensitivity, to the CAMEL rating system now suggest final implementation may not occur before year-end 2021, according to the latest semiannual […]

The Fed

Fed’s Bowman, with a term ending in January, is set to testify on a 14-year reappointment Wednesday before Senate Banking

June 3, 2019 0

The Federal Reserve Board’s community banking representative, Michelle Bowman, is scheduled to testify Wednesday before the Senate Banking Committee on her nomination to a 14-year term that would begin Feb. 1, 2020. Bowman was initially […]

The Fed

How to deal with LIBOR instability warnings? Stop using the benchmark rate, Quarles says

June 3, 2019 0

Warnings about the growing instability of an international benchmark interest rate for short-term, interbank loans should be taken seriously, the Federal Reserve’s top supervisor said Monday, leading to at least one conclusion: stop using it. […]

FDIC

Tiny bank’s failure is first since 2017, ending nearly 18-month streak for deposit insurer

June 3, 2019 0

The bank failure announced Friday by the federal insurer of bank deposits – the first of the year – was for a relatively small institution: It held less than $37 million in assets. But the […]

Today

  • Former Wells banker wins reprieve from order resulting from sales practice misconduct case

    November 21, 2025 0
    A former Wells Fargo Bank executive has won a reprieve from a national bank regulator order earlier this year that would barred her from further financial institution service and assessed a multi-million dollar fine, the agency said Thursday. Claudia Russ [...]
  • FDIC Board to take up leverage ratio, loss-absorbing capacity rules Tuesday; BIF ratio, official sign rule delay also slated

    November 21, 2025 0
    Proposed revisions to the community bank leverage ratio and a final rule on the same for the largest banks – in addition to loss-absorbing capacity – are slated for action Tuesday by the Federal Deposit Insurance Corp. (FDIC) Board. The [...]
  • More time made available to comment on stress test model, transparency, accountability

    November 21, 2025 0
    Need more time to comment on the stress test model and scenario transparency and accountability improvement proposal by the Federal Reserve? You’ve got it: until Feb. 21, a whole additional month. The Fed announced the comment extension Friday. It said [...]
  • White House offers OMB staffer, with focus on environment, to become consumer bureau director

    November 19, 2025 0
    The next leader for the federal consumer financial protection agency would be a staff member of the White House budget office – who has focused on environmental issues — if the Senate confirms the nomination, which it received Tuesday. According [...]
  • Regulator takes control of small PA credit union, citing unsafe, unsound practices

    November 19, 2025 0
    A small Pennsylvania credit union was placed into conservatorship by its federal regulator late Tuesday, which cited “unsafe and unsound practices,” the agency said. Copper & Glass Federal Credit Union in Glassport, Pa. – which has 1,255 members and assets [...]
  • Fed’s Barr warns of ‘real dangers’ from weakened bank supervision

    November 18, 2025 0
    Growing pressures to weaken bank supervision – to scale back bank examiner coverage, dilute ratings systems, and redefine “unsafe and unsound” – present “real dangers” to the American people, Federal Reserve Board Gov. Michael Barr said Tuesday. Speaking in Washington [...]
  • New ‘sharpened’ focus for Fed examiners released, signifying ‘a significant shift’ from past practices

    November 18, 2025 0
    Examiners will focus on material financial risks threatening safety and soundness of the banks they review and on taking “timely, proportionate action” to ensure the risks are “properly addressed,” the Federal Reserve said Tuesday in releasing its revamped supervisory operating [...]
  • Bank may pay ‘gas fees’ on blockchain networks, agency confirms in letter

    November 18, 2025 0
    So-called “gas fees” – or network fees – may be paid on blockchain networks, the national bank regulator said Tuesday in an interpretive letter, to facilitate “otherwise permissible activities.” The Office of the Comptroller of the Currency (OCC) said national [...]

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