Economy

The Dodd-Frank Act gave the central bank authority to set capital requirements for insurance companies that own a federally insured bank, as well as those determined to be systemically important.

New CEO Ronald O'Hanley is pushing to reduce expenses, automate more functions and simplify the organizational structure.

The trade group hopes appropriations legislation for fiscal year 2019 will address confusion over websites being compliant with the ADA, among other concerns.

The White House has officially nominated Mark Calabria as the next director of the Federal Housing Finance Agency.

The strategies to foster innovation are changing to emphasize cost-effective effort and granting fintechs more control over development.

Northeast Bancorp also expects the move to make it more efficient.

Now the third-longest shutdown in history, there are few signs the government will reopen anytime soon, and that's causing problems for lenders.

On Sep. 30, 2018. Dollars in thousands.

Organizers are planning to raise up to $25 million for Tandem Bank.

On Sep. 30, 2018. Dollars in thousands.

Linda Lacewell replaces Maria Vullo as New York’s chief financial regulator; the Swiss bank is reportedly talking to Christian Meissner about a senior role.

Before the financial crisis, federal and state regulators unabashedly pitched their charters to banks as the better choice. That's happening again, despite warnings that such jousting might result in lax oversight.

Santander taps JPMorgan Chase exec Colleen Canny to lead retail network; can Trump actually fire Fed's Powell?; will 2019 bring long-awaited reform of Fannie Mae, Freddie Mac?; and more from the past two week's most-read stories.

The agencies are weighing a plan to reduce the scope of residential real estate transactions requiring an appraisal, but appraisers have warned that the proposal could have consequences.

Bank OZK's George Gleason, one of our community bankers to watch in 2019, needs to rein in the Arkansas bank's commercial real estate exposure to placate nervous investors.

Spirit Community Bank is the 15th bank to get the agency's approval this year. That list also includes Community Bank of the Carolinas, which was approved in early December.

James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.

A state-backed bank would not be financially feasible because capital requirements would be too high and it likely wouldn’t return profits to the state for at least 30 years, consultants concluded.

Both sides acknowledge where expectations haven't been met, and are feeling the same market pressures to adapt faster.