Basel: Decline in Global Correspondent Banking Relationships Accelerates
The number of worldwide correspondent banking relationships continues to decline, according to new figures released today by the Basel, Switzerland-based ...
Tag: Financial stability
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 ...
OFR Flags Market Risk, Leveraged Lending in Annual Report
Noting that economic indicators are exceptionally positive, the Treasury’s Office of Financial Research flagged market risk, credit risk and cybersecurity ...
Fed Watching Leveraged Loan Growth for Systemic Risk
The Federal Reserve is watching growth in the leveraged loan sector with an eye to its systemic implications, Federal Reserve ...
Quarles Outlines Changes to Expect in Stress Testing Framework
As the Federal Reserve works on finalizing its “stress capital buffer” proposal and makes continued refinements to the overall stress ...
ABA, State Associations Call for CECL Quantitative Impact Study
In a letter to Treasury Secretary Steven Mnuchin yesterday, ABA and 52 state bankers associations called for a quantitative impact ...
FDIC’s McWilliams Focusing on Promoting Innovation, Simplifying Supervision
The FDIC is pivoting to focus on innovation and simplicity in supervision, FDIC Chairman Jelena McWilliams told attendees at ABA’s ...
Climate-Related Disclosures Task Force Issues Status Update
A task force of the Basel, Switzerland-based Financial Stability Board has issued a status update on its efforts to develop ...
Powell: Fed to Implement S. 2155 As Soon as Possible
The Federal Reserve will move to implement the provisions of S. 2155 -- the new regulatory reform law -- as ...
