bank regulation

Fed Governor Says Changes to Banking Regulations Should be ‘Targeted’
Fed Governor Says Changes to Banking Regulations Should be ‘Targeted’
May 19, 2023  |  Bank Regulation

A Federal Reserve governor said changes to banking regulations should be “targeted,” not broad and fundamental. Speaking Friday (May 19) at the Texas Bankers Association...

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McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
McHenry: Biden Created ‘Perfect Storm’ for Banking Crisis
May 17, 2023  |  Bank Regulation

A top House Republican says White House “mismanagement” helped trigger the recent banking crisis. Rep. Patrick McHenry (R-N.C.) chairs the House Financial Services Committee, which...

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TD Bank Reportedly Will Need Years to Address Regulators’ Concerns
TD Bank Reportedly Will Need Years to Address Regulators’ Concerns
May 15, 2023  |  Bank Regulation

Although TD Bank has capital on hand to make acquisitions, it reportedly won’t be able to make them in the United States. A Barclays analyst said the regulatory...

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Fed Plans to Improve ‘Speed, Force and Agility’ of Supervision
Fed Plans to Improve ‘Speed, Force and Agility’ of Supervision
May 15, 2023  |  Bank Regulation

The Federal Reserve Board aims to make changes after the recent banking crisis. The failure of Silicon Valley Bank showed a need to strengthen supervision and regulation,...

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CFPB Warns Banks Against Reopening Closed Accounts, Charging Fees
CFPB Warns Banks Against Reopening Closed Accounts, Charging Fees
May 10, 2023  |  CFPB

The CFPB is warning banks against reopening closed customer accounts to drive fees. In a circular published Wednesday (May 10), the Consumer Financial Protection Bureau...

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Bank of France Head: Tough Regulations Make EU Lenders ‘Robust’
Bank of France Head: Tough Regulations Make EU Lenders ‘Robust’
May 09, 2023  |  Bank Regulation

The head of France’s central bank says European lenders have benefited from tough love. In a speech in Paris on Tuesday (May 9), Bank of...

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Fed Aims to Strengthen Supervision After Review of Bank Failure
Fed Aims to Strengthen Supervision After Review of Bank Failure
April 28, 2023  |  Bank Regulation

The Federal Reserve aims to strengthen its supervision and regulation after the failure of Silicon Valley Bank. So said Federal Reserve Vice Chair for Supervision...

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First Republic in Danger of FDIC Downgrade: Report
First Republic in Danger of FDIC Downgrade: Report
April 27, 2023  |  Banking

Federal regulators are reportedly considering lowering their private assessments of the struggling First Republic Bank. That’s according to a report Wednesday (April 26) by Bloomberg...

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Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
Battle Over Junk and Late Fees Could Hit Bank Profits and Consumer Services
April 17, 2023  |  Regulation

Where regulation goes — sometimes, at least — unintended consequences might follow. The regulatory and legislative scrutiny of, and battle over, what are being commonly...

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