Policy & Regulation

A potential succession and a transfer of power in family leadership are among the key recent executive moves in banking.

The combined bank would be chartered in North Carolina, with the FDIC serving as its lead federal regulator, N.C. Banking Commissioner Ray Grace says. The merger partners had other options, including the Fed and the OCC.

Vice President Mike Pence congratulated credit unions on their work with consumers but he also urged attendees at CUNA's Governmental Affairs Conference to promote the controversial wall.

The bureau's director, Kathy Kraninger, faced a barrage of criticism from Senate Democrats on the agency's lack of enforcement actions, a reversal on Military Lending Act examinations and changes to the payday loans rule.

As the fintech industry grows, these companies should face the same tough standards as banks and credit unions.

While the OCC has led the charge on modernizing the Community Reinvestment Act, Gov. Lael Brainard gave a rundown of new ideas under discussion — from updating assessment boundaries to a comprehensive community development test.

The FDIC should consider limiting its toughest restrictions on brokered deposits to problem banks.

The Credit Union National Association is tackling a range of challenges during its Governmental Affairs Conference this week in Washington, D.C.

A Deutsche Bank and Commerzbank merger would face many hurdles; the mini-branch will have longer hours and cater to small companies.

Comptroller of the Currency Joseph Otting and Federal Deposit Insurance Corp. Chairman Jelena McWilliams acknowledged industry concerns with the proposal meant to improve how banks comply with the trading ban.