The Federal Reserve today issued its highly anticipated proposed framework for applying enhanced prudential standards to banking firms with $100 billion or more in assets, as required by S. 2155, the regulatory reform law.
Browsing: Regulatory capital
The FDIC is pivoting to focus on innovation and simplicity in supervision, FDIC Chairman Jelena McWilliams told attendees at ABA’s Annual Convention in New York today.
In the more than eight years since the Dodd-Frank Act passed, just 13 new U.S. banks have been chartered — and in some years, no new banks have been chartered at all. ABA Chairman Ken Burgess, who co-founded FirstCapital Bank of Texas as a de novo two decades ago, is concerned about these numbers.
Financial regulators will issue by year-end their proposal exempting highly capitalized community banks from the Basel III capital calculations, as directed by S. 2155, FDIC Chairman Jelena McWilliams told members of the Senate Banking Committee today.
In an American Banker op-ed today, ABA EVP Wayne Abernathy and VP Hugh Carney explain why it’s time for regulators to assess and calibrate capital requirements for banks of all sizes.
With the CRE lending market currently booming, banks are increasing their concentrations in this area — particularly in construction lending — according to findings from the 2018 Commercial Real Estate Lending Survey conducted by ABA.
Several Republican members of the House Financial Services Committee last week urged Federal Reserve Vice Chairman for Supervision Randal Quarles to recalibrate the Fed’s capital surcharge for the largest U.S.-based global systemically important banks.
As banks prepare to implement the Current Expected Credit Loss standard, ABA on Friday called on financial regulators to provide for a complete and ongoing adjustment of common equity tier 1 capital for the effects of CECL until a new capital regime can be finalized.