RISK-BASED CAPITAL: The Office of Federal Housing Enterprise Oversight
EXCESS CAPITAL: Proposal by the Federal Housing Finance Board to ban
CAPITAL STOCK: Interim final rule by the Finance Board kills a tax
SBA FEES: Proposal by the Small Business Administration to prohibit
CHECK CLEARING: Proposal by the Federal Reserve Board to give banks more
THRIFT RULES: Proposal by the Office of Thrift Supervision to clarify
EFT '99: Advanced notice of proposed rulemaking by the Treasury
Consumer spending slowed and charge-offs rose during the first quarter, but Bread Financial said a pending late-fee rule may not be as devastating to its revenue as the Columbus, Ohio-based firm initially feared.
Artificial intelligence models are energy hogs. Climate First Bank and UBS are among the very few trying to solve this problem.
The FDIC board debated and ultimately withdrew two separate proposals to address asset managers' control over banks, but acting Comptroller of the Currency Michael Hsu said he couldn't support either and called for more research and debate about how asset managers' control over banks impacts safety and soundness.
The state's comptroller of public accounts is one of several notable non-depositories with access to the Fed's payments system, along with the Chicago Mercantile Exchange and the Tennessee Valley Authority. So why do they have accounts while some neobanks don't?
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
While home lenders are seeing a decrease in issues coming through mobile channels, phone fraud spiked last year, accounting for 28% of losses, a new report found.
