The president plans to nominate Bimal Patel as the next Treasury assistant secretary for financial institutions. Patel is currently Treasury’s deputy assistant secretary for the Financial Stability Oversight Council, according to the White House. Treasury’s […]
A status update on the methodology for the current-expected-credit-loss (CECL) accounting standard is slated for the Sept. 27 Federal Deposit Insurance Corp. (FDIC) Atlanta Region Regulatory Conference Call. The 90-minute call (10-11:30 a.m. ET), open […]
Guidance on how banks should structure their stress testing activities to fit their risk management needs is slated for renewal without addressing this year’s regulatory relief law due to timing, the Office of the Comptroller […]
A letter reinforcing a joint agency statement issued last week on “supervisory guidance” – as well as providing further insight as to what “supervisory guidance” actually constitutes – was sent by the federal insurer of […]
Richard Clarida is now officially the vice chairman of the Federal Reserve Board, having been sworn in to office by Chairman Jerome H. (“Jay”) Powell on Monday, the Federal Reserve said. In a release Monday, […]
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