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WASHINGTON The Federal Reserve and Federal Deposit Insurance Corp. announced Friday that 84 foreign banks with limited U.S. operations will be able to file more condensed resolution plans, decreasing the administrative burden and cost.
June 10 -
WASHINGTON A House committee probing the Federal Deposit Insurance Corp.'s cybersecurity practices has accused the agency of accessing internal documents from the FDIC's inspector general.
June 10 -
Fintech companies are asking a federal regulator to create a specialized charter that would allow them to comply with federal rules instead of facing a state-by-state licensing framework.
June 10 -
The Bank of England is among the central banks exploring possible uses of blockchain technology. In a recent speech, a BOE official noted how it would open access to central banks beyond commercial banks. "Everyone including individuals would be able to hold such balances," he said.
June 10
Custodia Bank -
A recent op-ed warning of the risks to participation holders in bank failures missed several important points about today's loan market.
June 10
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American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
June 10
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WASHINGTON The House Appropriations Committee approved a bill Thursday that would subject the Consumer Financial Protection Bureau to the appropriations process, among other things.
June 9 -
The federal agency expressed skepticism about industry-developed standards Thursday, suggesting that there is currently no way to enforce the rules or punish bad actors.
June 9 -
The clock is ticking to amend Dodd-Frank Act regulations before consumers in rural communities run out of borrowing options, community bankers from Kansas and Oklahoma told a House panel on Thursday.
June 9 -
Bankers are challenging the cost of a contentious Federal Deposit Insurance Corp. plan that would require banks to regularly update their insured deposit data, arguing it is much more expensive than the agency estimated.
June 9
