Rising Credit Risk on Regulatory Radar
Regulatory agencies are focused on the growth of credit risk outside the banking industry, according to remarks by top officials at the ABA Washington Summit today.
Browsing: Tailored regulation
ABA Urges Alternative Method for Setting Management Interlock Rule Threshold
While noting that it appreciates the bank regulators’ intent in their recent proposal to raise the thresholds at which bank directors or other management officials are prohibited from serving at more than one depository institution or holding company—and expressing support for an inflation-indexed increase in the thresholds—ABA today cautioned against an arbitrary asset threshold for defining a community bank.
ABA Op-Ed Calls for Better Tailoring of Capital Standards
In an American Banker op-ed today, ABA EVP Wayne Abernathy questioned the effectiveness of the more than two dozen regulatory capital requirements that banks are subject to and highlighted the need for greater tailoring.
Fed’s Bowman Calls on Bankers to ‘Keep Lines of Communication Open’
In her first public appearance as a member of the Federal Reserve Board, Fed Governor Michelle Bowman today encouraged bankers to keep the lines of communication open with the regulatory agencies, emphasizing that “clear communication can help us all do our jobs better.”
McWilliams Discusses Banks’ Critical Role in U.S. Economy, Supervision
In a deeply personal speech at a Florida Bankers Association event last night, FDIC Chairman Jelena McWilliams offered her perspectives on the U.S. financial system and how having an appropriately tailored regulatory framework enables banks to help their customers live the American dream.
ABA Supports Proposals to Tailor Regulatory Framework for Regional Banks
The American Bankers Association today offered its support for two proposals designed to tailor enhanced prudential standards for banking firms with $100 billion or more in assets.
ABA Seeks Stress Test Relief for ‘Category IV’ Regional Banks
In a letter to Federal Reserve Vice Chairman for Supervision Randal Quarles in late December, the American Bankers Association urged the Fed to issue an interim final rule providing relief from the 2019 stress testing cycle for smaller regional institutions (“Category IV banks”).
Podcast: The Bank M&A Outlook for 2019
Key regulatory changes and business trends will drive bank mergers and acquisitions in 2019, two top bank deal lawyers say on the latest episode of the ABA Banking Journal Podcast.
A Wind in the Sales? 2019 M&A Outlook
Look for 2019 bank mergers to be driven by large deals in metro markets, smaller banks on the buy side and de novo groups acquiring rural banks.
Nichols Outlines 2019 Policy Goals on Bloomberg
In a live interview on Bloomberg today, ABA President and CEO Rob Nichols outlined three key policy priorities that ABA is looking to in 2019.