A proposal to extend by 18 months the initial compliance dates for foreign banks subject to the Federal Reserve’s single-counterparty credit limit rule was issued by the agency Friday, with a 30-day comment period. The […]
Stephen Ledbetter is the new executive director of the umbrella council of federal financial regulators that works to oversee financial stability, the group said Thursday. In a release describing its latest meeting (on Nov. 7), […]
A final cost of $32.4 billion is estimated for the fund that was established in 2008 to help prevent the U.S. financial system’s collapse as the financial crisis reached its zenith, the congressional watchdog said […]
The financial system needs to be resilient to the effects of climate change, and the nation’s central bank will need to assess the system for vulnerabilities to important climate risks, a Federal Reserve Board governor […]
The minimum threshold for being considered an “assessed company” would rise to $100 billion (from $50 billion) for bank holding companies under a proposal scheduled to be published in the Federal Register Tuesday. Under the […]
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