SIFIs

With Democrats already opposing a bill by Rep. Jeb Hensarling, R-Texas, to roll back Dodd-Frank, his chances of long-term success depend on support by Donald Trump. The two met to discuss the plan on Tuesday.

House Financial Services Committee Chairman Jeb Hensarling R-Texas, is set Tuesday to unveil an ambitious plan to revamp the Dodd-Frank Act and replace it with a capital-based alternative during a speech in New York.

In a pair of proposals approved by the Federal Reserve Board Friday afternoon, the Federal Reserve signaled to the insurance industry that it knows the difference between them and banks. But the devil may still be lurking in the details.

In an initial regulatory move released by the Federal Reserve Friday, the central bank was emphatic about distinguishing between the capital and liquidity risks posed by insurance activities versus the riskier ones that firms may be engaged in.

The Federal Reserve has announced the schedule for releasing the results of the 2016 stress tests of the largest U.S. banks.

Federal Reserve Govs. Jerome Powell and Daniel Tarullo Thursday said they expect banks to have to meet significantly higher capital minimums after the central bank applies its capital surcharge rule for large globally risky banks to its stress test. That difference could significantly cost banks.

Federal Reserve Board Gov. Daniel Tarullo said Thursday that he anticipates the agency will eliminate the qualitative requirements in the annual stress testing program for most midsize banks as early as next year.

WASHINGTON — The Federal Reserve will vote next week on whether to publish a blueprint for capital requirements for insurance firms under its supervision and insurance companies designated as systemically risky.

The Federal Reserve has been conducting annual stress tests on the biggest banks' liquidity since 2012 — tests the banks largely support. But as the Fed advances new liquidity rules, they're starting to question why more rules are necessary.

As a top Republican lawmaker nears the release of a plan aimed at rolling back and replacing the Dodd-Frank Act, bankers are being cautious about offering any support, fearing it may open the door to changes they oppose.

Better coordination and information sharing needs to be fostered between financial regulators worldwide in order to reduce risks posed by so-called shadow banking sector, a group of international supervisors said Wednesday.

In guidance on banks' resolution plans, regulators effectively have made important policy decisions about liquidity transformation that were not subject to notice and comment.

Joseph Fellerman, a former special adviser at the Federal Deposit Insurance Corp., was one of the first people at the agency to research systemic resolution. Now, the agency is better prepared to handle the next big crash, he told the American Banker in a sit-down interview.

I bear no hard feelings for the JPMorgan Chase CEO, but our disagreement underscores a rift between how Wall Street firms and community banks view the post-crisis landscape.

Goldman Sachs Group’s compensation plan, including a provision making Lloyd Blankfein the highest-paid chief executive officer of a Wall Street bank for his work last year, drew the most opposition since shareholders began voting on the matter in 2009.

The heads of megabanks get paid a lot. Some investors want them to streamline their companies for greater returns. But it's arguable whether those CEOs would want to do so if their counterparts at smaller, better-performing banks get paid less.

In his first public remarks this year, Federal Reserve Gov. Daniel Tarullo offered a preview of the enhanced capital and liquidity requirements that certain insurers will soon face.

Regulators have abused their role of implementing law to actually make financial policy, usurping the role of Congress in a tripartite system.

Minneapolis Fed President Neel Kashkari made waves when he said drastic measures — including potentially breaking up the megabanks — are needed to end "too big to fail." In an expansive interview, Kashkari talked about his political future, the culture at the Fed and the challenge of legislating change.

JPMorgan attracted stronger support for its annual say-on-pay vote after dozens of conversations with major shareholders prompted it to make a series of changes to executive compensation.