Risk management

The head of the agency developing the special-purpose federal license said the process is moving forward “independent” of legal challenges mounted by state regulators.

The final rule aligns ratings with a supervisory program the Fed established in 2012 to emphasize capital, liquidity, and governance and controls.

The unique approach Fannie Mae and Freddie Mac are each taking with their credit-risk transfer products is quickly becoming a key point of differentiation that's rekindling competition between the government-sponsored enterprises.

Heightened competition from nonbanks, the rise of populism and the uncertainty surrounding Libor’s demise are just some of the short- and long-term threats facing big banks, risk executives say.

Koebler, the bank's head of consumer lending, will replace Jerome Lienhard, who is retiring.

When the mortgage giant will be released from government control is anyone's guess, but the company's third-quarter report shows signs of an easier transition.

New court documents underscore the damage inflicted by the Obama administration’s de-risking initiative, argues Rep. Blaine Luetkemeyer.

The Federal Housing Administration is making it easier for reverse mortgage servicers to submit insurance claims by expanding the types of supporting documentation it will accept on defaulted loans.

In public, finance industry leaders have bailed on a key Saudi Arabian investment conference next week. Behind the scenes, dealmakers bringing in the hard cash are fretting — and still going.

Treasury Secretary Steven Mnuchin is facing calls to skip the conference as well.

It's difficult to predict exactly what might be the next threat to the financial system. Here's a roundup of some prime suspects.

The agencies issued a joint statement on the types collaborative arrangements that a bank could employ to make BSA/AML compliance more efficient.

The plan identified five risk areas — including cybersecurity — that will be on the agenda for agency examiners next year.

As the Cincinnati bank seeks to regroup after the fatal shootings at its headquarters, the incident underscores the need for preparedness at banks and credit unions of all sizes, workplace safety experts say.

As chief risk officer, Helga Houston is responsible for Huntington Bancshares' annual capital plan, as well as maintaining solid credit quality. And her work speaks for itself.

As the Cincinnati bank seeks to regroup after the fatal shootings at its headquarters, the incident underscores the need for preparedness at banks and credit unions of all sizes, workplace safety experts say.

The agency says the effort, part of a review conducted every 10 years, will help eliminate regulatory red tape.

Concentration risk, threats to data privacy and the potential for discrimination are among the unintended consequences of letting fintechs and tech giants dabble in financial services without bank-like regulation, an expert says.

It is critical that banks blend data science and their industry knowledge to better identify and mitigate compliance risk, says a director at Promontory Financial Group.

Moody's Investors Service downgraded JPMorgan Chase's prime jumbo mortgage originator assessment to its second-highest rating, citing the bank's growing reliance on correspondents with delegated underwriting authority and shortcomings in its technology infrastructure.