FDIC

The Federal Reserve’s top regulator says proposed capital changes make system safer while overall capital levels are unchanged.

MetLife and Prudential exceed expectations; cybercurrency desk will trade contracts linked to the digital currency’s value.

Vice chairman set to leave agency on Monday; big regionals are caught in the middle, losing share to both the biggest national banks and community institutions.

The outgoing No. 2 of the Federal Deposit Insurance Corp. and the agency's former chair say the proposed changes would increase the likelihood of another financial crisis.

FDIC Vice Chairman Thomas Hoenig has been a tough critic of risky practices by big banks and a key voice among federal regulators in support of stronger capital requirements.

The senior official said U.S. regulatory agencies should not rush to complete certain final aspects of Basel III, to prevent the new standards from conflicting with existing rules.

AssetMark Trust plans to offer a product for the $1 billion in cash it holds for clients.

The international standards-setting body is weathering the infatuation with isolationism in the U.S. and elsewhere better than expected.

A new accounting standard will soon go into effect, but banks lack clarity on how to conform.

The rules to comply with the Community Reinvestment Act have become "formulaic and ossified" and must be changed to encourage lending practices the law originally intended to foster, the Fed's top regulator said.