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The Federal Deposit Insurance Corp.'s first-quarter report on bank earnings said the ratio of loan-loss reserves to noncurrent loans rose for the sixth straight quarter, but some doubt the reserve "coverage ratio" is rebounding fast enough.
June 5
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The federal banking agencies on Wednesday began an extensive effort required by a law passed before the financial crisis to gather feedback about which rules should be placed under the microscope for potential regulatory relief.
June 4 -
The Senate held two separate hearings on the issue on Wednesday, covering everything from bank ties to universities to trouble with student loan servicers.
June 4 -
Lenders across the country reported increased demand from consumers and businesses, continuing a prevailing trend from earlier this year, according to the Fed's Beige Book.
June 4 -
An appeals court on Wednesday voided a controversial decision in 2011 by New York Judge Jed S. Rakoff, saying he erred in scuttling a $325 million settlement between the Securities and Exchange Commission and Citigroup (NYSE: C).
June 4 -
The Senate approved a bill Tuesday night that would ease capital standards for insurance companies under the Dodd-Frank Act.
June 4 -
Californians picked Republican Neel Kashkari, a political newcomer who ran the federal bailout of the U.S. banking system, to challenge incumbent Democrat Jerry Brown for governor in November.
June 4 -
After a six-month wait, the Senate yesterday confirmed Timothy Massad to serve as chairman of the Commodity Futures Trading Commission as lawmakers moved to bring the derivatives regulator to a full roster by signing off on two additional nominees.
June 4 -
The Senate Banking Committee approved legislation Tuesday to extend the Terrorism Risk Insurance Act, a program due to expire at yearend. It also considered making a legislative fix to the Dodd-Frank Act. Here's what happens next.
June 3 -
Subprime auto lender Consumer Portfolio Services has agreed to pay more than $5.5 million to settle government allegations that it used illegal tactics in the servicing and collection of loans.
June 3
