CFPB Issues Limited Study of 88 Consumers’ Overdraft Experiences
The Consumer Financial Protection Bureau -- which is in a multiyear potential rulemaking process on overdraft protection and disclosures --...
Policy
FDIC: Widening Interest Margins Drive Bank Revenue Growth
FDIC-insured banks and savings institutions earned $47.9 billion in the third quarter, up 5.2 percent from the industry’s earnings a...
Basel Updates List of Global SIFIs for 2019
The Basel, Switzerland-based Financial Stability Board today updated its list of global systemically important banks subject to supplemental loss absorbency...
Agencies Finalize Pause on Certain Basel III Capital Provisions
The Federal Reserve, FDIC and OCC are finalizing a halt in the phase-in of certain Basel III capital rules for...
FDIC’s Hoenig Urges Congress to Ditch Asset Thresholds
As regulatory reform bills advance, Congress should replace asset thresholds with supervisory requirements tailored to the activities of banks, FDIC...
ABA to Fed: Unnecessary to Finalize Basel NSFR
The goals of the Basel III Net Stable Funding Ratio, a long-term liquidity measurement, have already been met by the...
Fed’s Brainard: Standards Needed to Protect Consumer Data When Shared
Consumers need better information about what happens when they share bank account credentials with third-party financial aggregators, Federal Reserve Governor...
Newsbytes Podcast: How Banks Choose Their Own Destinies in a World of Consolidation
On the latest issue of the Newsbytes Podcast, guests Brittany Kleinpaste and Monica C. Meinert discuss the ongoing macro-trend of...
House Passes Landmark Tax Reform Bill
The House today voted 227 to 205 to pass H.R. 1, the landmark tax reform bill that would be the...
Otting Confirmed as Comptroller of the Currency
The Senate today voted to confirm former bank CEO Joseph Otting as comptroller of the currency.
