FinCEN Withdraws Proposed Rulemaking against Lebanese Canadian Bank SAL
The Financial Crimes Enforcement Network (FinCEN) is withdrawing its proposed rulemaking to impose special measures against Lebanese Canadian Bank SAL...
Compliance and Risk
ABA Advocacy Yields TRID Compliance Clarifications
Responding to multiple letters and aggressive advocacy by ABA, top regulators yesterday clarified their approach to assessing compliance with the...
Fed’s Brainard Examines Alternative Small Business Lending
Federal Reserve Governor Lael Brainard joined Janet Yellen at the Community Banking Research and Policy Conference with a speech on...
ABA-Supported Bills Clear House Committee
The House Financial Services Committee yesterday passed three ABA-supported bills addressing the Consumer Financial Protection Bureau and proposed limitations on...
ABA, Groups: CFPB Overdraft Survey Plan Is Incomplete
ABA and four other trade groups representing banks and credit unions today called on the Consumer Financial Protection Bureau to...
Fed Approves M&T, Hudson City Deal
The Federal Reserve today approved the acquisition of Hudson City Bancorp, Paramus, N.J., by the Buffalo, N.Y.-based M&T Bank Corporation.
Cordray Signals ‘Hold-Harmless’ Period for TRID Compliance
Testifying before the House Financial Services Committee today, Consumer Financial Protection Bureau Director Richard Cordray signaled that the bureau and...
N.H. Lawmakers Make Bipartisan Push for TRID Grace Period
The entire New Hampshire congressional delegation -- two Democrats and two Republicans -- on Thursday wrote to Consumer Financial Protection...
HUDSON CITY BANK PAYS $33 MILLION TO SETTLE REDLINING CLAIMS
On September 30, 2015, the Federal Reserve Board of Governors approved Hudson City's $3.7 billion merger with M&T Bank. The...
FTC Files Amicus Brief Criticizing 11th Circuit’s Interpretation of ‘Debt Collector’ Under FDCPA
The Eleventh Circuit’s ruling creates a circuit split with the Third, Seventh, and Sixth Circuits through which these circuits held...
