House panel advances ABA-backed bills on trigger leads, other topics
In a memo sent in advance of the markup, ABA noted that H.R. 2808 would “curb the abusive use of ...
Tag: Systemic risk
Stress tested
Bankers look back on the bank failures of spring 2023 and share some lessons learned and strategies for success.
Nichols: Deposit insurance changes must not create competitive disadvantages
In a keynote address to bankers this morning at the 2023 ABA Washington Summit, ABA President and CEO Rob Nichols ...
GOP lawmakers seek information from Fed on bank failure timeline
House Financial Services Committee Chairman Patrick McHenry (R-N.C.) and Senate Banking Committee Ranking Member Tim Scott (R-S.C.) called on the ...
ABA, BPI urge Senate to reject establishment of duplicative ‘systemically important’ designation
As the Senate considers the 2023 National Defense Authorization Act, ABA and the Bank Policy Institute urged lawmakers to omit ...
OCC Seeks Feedback on Large Bank Recovery Planning Guidelines
The OCC is seeking comments on the renewal of its guidelines establishing standards for recovery planning by certain large banks.
NYDFS Outlines Expectations for Managing Climate Risks
The New York Department of Financial Services today issued a letter to state-regulated financial institutions outlining the department’s expectations for ...
Fed’s Powell: Financial System ‘Generally in a Good Place’
Federal Reserve Chairman Jerome Powell told House lawmakers today that the U.S. financial system is “strong, and has been materially ...
N.Y. Fed: Large Bank Holding Companies’ Risk Profiles Decline
Since the financial crisis, large bank holding companies have seen notable declines in key risk factors, with several risk indicators ...
ABA Raises Concern About Tailoring Proposal for Foreign Banking Organizations
ABA on Friday submitted feedback to the federal regulatory agencies on a recent proposal to tailor prudential regulations for foreign ...
