-
In its second round of stress tests in two weeks, the Fed rejected two banks' capital plans — Ally and BB&T — while it found weaknesses in two others, JPMorgan Chase and Goldman Sachs.
March 14 -
Richard Cordray, director of the Consumer Financial Protection Bureau, tried to calm community bankers' fears on Wednesday by telling them not to be concerned over the new mortgage rules issued by the agency. The CFPB's new mortgage rules will take effect next year.
March 14
-
Sen. Elizabeth Warren argued that Republicans opposing Richard Cordray's nomination to lead the Consumer Financial Protection Bureau is only meant to undercut the agency's work.
March 14
-
VeriFone's stock price recovered slightly upon CEO Bergeron's resignation, signaling investor interest, and competitor Pax Technology was quick to draw attention to recent speculation that VeriFone would be for sale.
March 14 -
Missouri Attorney General Chris Koster filed a lawsuit against two businesses that failed to deliver on promises to provide loan modification and mortgage relief to homeowners.
March 14 -
Political and public outcry against "too big fail" has certainly grown in the last few months. Do large financial institutions need to fear a breakup?
March 14
PolicyGenius -
A bipartisan group of four Senate Banking Committee members, including Elizabeth Warren and Bob Corker, have introduced legislation designed to spur reform of the government-sponsored enterprises.
March 14 -
The Federal Reserve Board has terminated a written agreement with Mountain West Financial (MTWF) in Helena, Mont.
March 14 -
The economy is well served by banks of all sizes, and the forced breakup of the biggest institutions would be misguided, says Zions Bancorp. Chief Executive Harris Simmons.
March 14 -
Comptroller of the Currency Thomas Curry acknowledged Thursday that his office needs to better cater to community banks, including improving their communication with local examiners.
March 14




