Policy & Regulation

Citigroup has promoted Peter Charrington to global head of Citi Private Bank.

A recent study suggests that credit card issuers' marketing practices show evidence of racial bias. The good news is that self-tests can help lenders fix fair lending compliance issues, according to Rich Walker of the Winterberry Group.

WASHINGTON — Several trade groups representing Federal Home Loan bank members are urging a federal regulator to extend the comment period on a controversial proposal to change the system’s membership requirements.

In signing off on the new "liquidity coverage ratio," Federal Reserve Board officials provided a strong signal that the regulatory work on liquidity standards is just getting started.

Community banks are fighting a plan unveiled by the Federal Housing Finance Agency that would force many banks and thrifts to maintain at least 10% of their assets in the form of home loans or mortgage-backed securities.

Bankers criticize credit unions' tax-exempt status because they fear they are losing ground to member-owned financial cooperatives, writes the Credit Union National Association's Bill Hampel.

American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and from our social media platforms.

MetLife, which has 30 days to request a hearing to contest its designation, said it "strongly disagrees" with the decision of the Financial Stability Oversight Council.

Even with tweaks making the final "heightened expectations" guidelines easier for the largest institutions, it represents a significant shift in the power given to examiners when overseeing institutions, experts said.

The regional Federal Reserve banks are trying to maintain momentum in their efforts to improve the U.S. payment system.