Bowman outlines priorities as Fed vice chair for supervision
Bowman called for a reemphasis on regulatory tailoring, a rethinking of capital requirements, a review of many regulations enacted in ...
Tag: De novo banks
Bankers urge lawmakers to ease regulatory hurdles for de novo bank formation
The founders of two de novo banks shared with lawmakers the challenges of launching a new financial institution in the ...
ABA urges lawmakers to lift regulatory barriers to bank merger, de novo formation
Narrow supervisory standards, inconsistent approval timelines and other regulatory impediments are limiting new bank formation and leading to further consolidation ...
FDIC’s Hill: Agency to revisit resolution planning, de novo bank formation
The FDIC will waive some requirements for large bank resolution planning and take steps to boost de novo bank formation, ...
House committee advances bills on stablecoins, de novo banks, CBDCs
The House Financial Services Committee voted to advance five banking-related bills, ranging from stablecoins to de novo bank formation. ABA ...
Bowman calls for ‘system maintenance’ on Fed supervision, rules, applications
The Federal Reserve’s regulations and supervisory process require significant “maintenance” to meet the Fed’s statutory mandate on safe and sound ...
ABA backs bill to promote new bank creation
ABA endorsed legislation to spur the creation of new banks by easing federal capital requirements during their first few years ...
FDIC debuts online tool to promote creation of minority banks
The FDIC has released a new online tool to help financial institutions, investors and others identify neighborhoods that could benefit ...
ABA backs legislation to spur new bank creation
A proposed bill seeks to spur new bank creation by easing federal capital requirements during their first few years of ...
Fed’s Bowman: U.S. economy has ‘unmet demand’ for de novo banks
The banking industry is not meeting demand for new bank formation, Federal Reserve Governor Michelle Bowman said.
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