SIFIs

WASHINGTON — The Office of the Comptroller of the Currency released details Thursday of a proposal that would require large banks to submit a "recovery plan" for how they would survive a crisis.

The central bank's "total loss absorbing capacity" proposal must be reworked to ensure that costs of huge failures don't fall on society at large.

The Office of the Comptroller of the Currency's unexpected move to require the largest banks to develop a "recovery plan" has raised questions about why the agency is moving now and how its mandate differs from regulatory requirements for institutions to develop "living wills."

The recent ineffectiveness of Federal Reserve monetary policy and macroprudential rules begs the question whether the Fed needs to revise recent bank regulations, its own mission or both.

After Wall Street has spent years trying to convincing regulators how they could collapse without disrupting the financial system, the largest U.S. banks will soon have to take the additional step of showing how they can keep from failing in the first place.

A modern version of the Depression-era law would not only make banks safer, but it would also reduce compliance costs and erase the need for certain capital mandates.

The Financial Stability Oversight Council is an enigmatic interagency body that has not provided enough rationale for designating certain insurance firms as a threat to the economy, the Republican leadership of the House Financial Services Committee said Tuesday.

The upcoming release of the evaluations for the largest banks' resolution plans won't just reflect on the institutions themselves, but the regulators as well. Here's why.

Attempts to sneak provisions into a final budget deal may be sold as helping community banks, but many of the measures really help big banks and undermine consumer protection.

It is wrong to claim the Federal Reserve's proposal requiring "total loss-absorbing capacity" will perpetuate the "too big to fail" problem. Indeed, it is just the opposite.

The Federal Reserve Board finalized a regulation that further narrows its ability to provide emergency funds to companies in a crisis.

The Federal Reserve Wednesday finalized certain changes to its stress testing program for 2016, including phasing out certain capital requirements and delaying the implementation of others.

WASHINGTON — The Federal Reserve said Tuesday that it will begin to implement significant changes to its supervisory program — particularly for large financial institutions — following the recommendations of yearlong internal investigation into how the central bank examines banks.

The Federal Reserve Board will likely subject large banks to higher minimum capital levels as part of their annual stress tests than the capital requirements that have resulted from past tests, Fed Gov. Daniel Tarullo said Monday.

The government's new proposal for operationalizing the wind-down powers of Dodd-Frank is just institutionalizing "too big to fail."

Quality control should come early in the production line, just as Japanese automakers discovered when they began to gain market share.

Overhauling the splintered multiagency regulatory framework is necessary to promote the stability of the financial system as a whole.

Ally Financial in Detroit plans to redeem about $1.3 billion of preferred stock, opening the door to a possible stock buyback next year.

The advisory committee established to address defects in the equity markets was stacked with industry insiders and, more troubling, includes firms implicated in serious wrongdoing.

There were at least two bad omens for large banks in the Republican debate held late Tuesday — even the most business-friendly candidates felt free to sharply criticize them and many seemed ill-informed about the current system.