SIFIs

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.

A lot is riding on the effectiveness of internal models to determine capital levels, but regulators still allow banks' methodology to be too opaque.

The regulators' annual Shared National Credits review found nearly 10% of large, syndicated credits demonstrated some form of weakness, most of which were leveraged loans. But renewed concerns about energy loans also cropped up.

Federal Reserve Chair Janet Yellen faced tough questions from lawmakers on Wednesday covering a range of issues, including small bank burden, executive compensation, and living wills at a hearing focused solely on banking regulation.

WASHINGTON — The House Financial Services Committee debated a bill Tuesday to remove a key Dodd-Frank Act size test that subjects any bank with over $50 billion in assets to heightened rules.

Banks undergoing annual Federal Reserve assessments should feel emboldened to challenge "matters requiring attention," and the Fed should hear them out.

The Federal Reserve Board issued a proposal Friday to require the largest and most systemically risky banks to issue additional capital and unsecured debt to absorb losses in a failure, a move that experts say could ultimately make the banks less complex and easier to resolve in a crisis.

New York Community Bancorp has agreed to buy Astoria Financial for about $2 billion in cash and stock, combining two of the largest New York-area banks to create an institution with about $64 billion in total assets.

Republican presidential candidates managed to get in several barbs over banking policy during the party's primary debate on Wednesday night, largely aimed at the Federal Reserve and government more broadly.

Citigroup isn't the poster-child for "too big to fail" anymore, Chief Executive Michael Corbat claimed Wednesday, arguing the bank had scaled back and learned from its mistakes leading up to the financial crisis.

A major investor in insurance giant American International Group is calling on the company to break itself up into three companies to get out from under its designation as one of only four systemically risky nonbanks.