-
WASHINGTON The Federal Reserve Board said Monday that the largest U.S. bank holding companies will submit results of their company-run, midyear stress tests to regulators this summer.
May 13 -
Bankers truly face a Catch-22 in the lending business these days, thanks to "qualified mortgage" and disparate impact laws.
May 13
American Banker -
The gradual erosion of net interest margins and a compensatory shift toward risky new lending strategies for additional yield is a major factor for high chargeoffs and community bank failures.
May 13
-
Regulators on Friday seized two banks owned by the $1.6 billion-asset company. The failures could tangle the Lansing, Mich., company in what the Federal Deposit Insurance Corp. calls the cross-guarantee liability, meaning that the agency has the ability to charge Capitol's nine surviving banks with the cost of the failures.
May 10 -
New York's Attorney General charged Bank of America and Wells Fargo with hundreds of cases of failure to comply with the national mortgage servicing settlement recently. The claims made for lots headlines but may prove a non-starter in court.
May 10 -
Penny Pritzker, Obama's pick for Commerce Secretary, acted commendably in the failure of Superior Bank, says former FDIC chairman William Isaac, who represented her in talks with regulators at the time.
May 10 -
-
A recap of the informed opinions (and the discussions they generated) on BankThink this week.
May 10 -
The National Community Reinvestment Coalition and other consumer groups say the bank regulators did not go far enough in proposing changes to Community Reinvestment Act examinations.
May 10 -
The $9.3 billion foreclosure settlement might not have provided a lot of monetary relief, but it provided plenty of comic relief for viewers of the Daily Show.
May 10
