Opinions

The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.

WASHINGTON — The Federal Reserve said Tuesday that it will begin to implement significant changes to its supervisory program — particularly for large financial institutions — following the recommendations of yearlong internal investigation into how the central bank examines banks.

First Financial Northwest in Renton, Wash., has filed for permission to adopt a commercial bank charter.

The Federal Reserve issued a proposed rule Tuesday that would require large banks to publish quarterly reports describing how they are meeting their liquidity requirements, including what kinds of highly liquid assets they are holding.

The head of the Independent Community Bankers of America fires a legal warning at NCUA and says relations between the two industries has never been more strained.

U.S. bank earnings increased 5% in the third quarter from a year earlier to $40.4 billion as a “few large banks” recorded lower litigation expenses, the Federal Deposit Insurance Corp. said Tuesday.

The rapid growth of competition from nonbanks has the potential to hit community banks harder than the mortgage meltdown.

A federal judge who dismissed a case against two high-cost lenders suggested the outcome was unfortunate, but said her hands were tied by the law.

WASHINGTON — The Association of Certified Anti-Money Laundering Specialists said Tuesday that former Financial Action Task Force executive secretary Rick McDonell will be taking over as the trade association's executive director.

WASHINGTON — The Federal Deposit Insurance Corp. will have a new head of legislative affairs after longtime FDIC official Eric Spitler retires at the end of the year.