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The Senate is expected to pass a bill that would ax controversial guidance on loans at car dealerships; lower tax rate may have skewed year-on-year comparisons.
By George YacikApril 18 -
Fed vice chair wants to put stress test scenarios out for comment by banks; C&Is outstanding at record level in March.
By George YacikApril 17 -
Bank’s earnings report notes possible $1 billion in fines; loan-loss accounting rule will be rolled out over three years.
By George YacikApril 16 -
JPM, PNC, Citi and Wells kick off reporting; Senate banking panel members want to know why so many agency staffers are paid so much.
By George YacikApril 13 -
Acting director wants agency run by a bipartisan body, not a lone director; Fed and OCC push for relaxing the supplementary leverage ratio at the biggest banks.
By George YacikApril 12 -
Proposal would lower capital requirements for some, raise them for others; Mulvaney says enforcement division will continue to police lending discrimination.
By George YacikApril 11 -
A $1 billion penalty being bandied about; Deutsche’s problems may be too big to eradicate.
By George YacikApril 10 -
Retail banking chief Christian Sewing will become CEO immediately; higher deposit rates could trim lending margins as banks head into earnings season.
By George YacikApril 9 -
Several states have created their own operations aimed at shoring up what they see as oversight holes created by the CFPB; JPMorgan CEO’s annual letter (47 pages, this one) runs the gamut.
By George YacikApril 6 -
CFPB acting director uses the senator’s own words against her; Wall Street veteran’s addition shows the German bank is committed to U.S. investment banking.
By George YacikApril 5