Research papers on consumer behavior and attitudes toward financial products – including credit utilization, payment behavior, economic inclusion, mortgage markets and credit and the real economy – will be discussed at a conference Friday sponsored […]
A proposed 2018 budget of $320.9 million for the National Credit Union Administration (NCUA) will be the main topic of a public briefing set for Oct. 18 at the agency’s headquarters in Alexandria, Va. In […]
The “de-designation” of once-giant insurance company American Insurance Group (AIG) as a systemic nonbank financial company should be incentive for other firms still designated as such to reduce their impact on the financial system, the […]
Cybersecurity and “operational resiliency” lead the list of strategies to be addressed for national bank regulation in 2018, according to the supervision operating plan released by the Office of the Comptroller of the Currency (OCC) […]
No response has been made yet by the Consumer Financial Protection Bureau (CFPB) to an allegation that removing arbitration clauses for financial products and services raises costs of credit by about 25%. Acting Comptroller of […]
Twenty-seven enforcement actions were issued in August by the Federal Deposit Insurance Corporation (FDIC) — including one notice issued in May – the agency announced Friday, including seven orders barring individuals from working at insured […]
A proposed merger of the federal credit union savings insurance fund with a fund set up to stabilize “corporate” credit unions in the wake of the financial crisis – which could result in between $600 […]
Updates to frequently asked questions (FAQs) on the definition of capital were published Sept. 19 by the Basel Committee (the international group that recommends capital benchmarks for financial institutions). The FAQs are supplemented by two […]
Banks, auto lenders, credit card companies, debt collectors, mortgage lenders, and more are singled out for “illegal practices” against consumers in a CFPB report summarizing the bureau’s recoveries in the first half of the year. […]
Federal financial institution regulators are gearing up for the approach of Hurricane Irma, which may strike Florida or parts of the Gulf Coast as soon as this weekend. The Office of the Comptroller of the […]
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