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[ad_1] James Gorman, chairman and chief executive of Morgan Stanley, said during a Senate Banking Committee hearing this week that the proposed operational risk provision in...
[ad_1] The Federal Housing Finance Agency said it is not currently exploring the feasibility of portable mortgages, but the fringe idea — already present in Canada...
[ad_1] Enjoy complimentary access to top ideas and insights — selected by our editors. Blue Ridge Bank, based in Charlottesville, Virginia, and founded in the shadow...
[ad_1] Sandra Thompson, director of the Federal Housing Finance Agency, released a report Tuesday outlining potential changes to the Federal Home Loan Bank system — which...
[ad_1] The operational risk component of the agencies’ capital proposal could not possibly pass any cost-benefit analysis, write Grag Baer and Francisco Covas, of Bank Policy...
[ad_1] Federal Deposit Insurance Corp. board member Jonathan McKernan said in his dissent over a newly-finalized Community Reinvestment Act overhaul that he has “not seen a...
[ad_1] The Federal Reserve’s FedNow payments rail has garnered only about 140 adopters three months after its launch, but experts say they expect more financial institutions...
[ad_1] Payment card interchange, a major factor of the “swipe fees” that average about 2% of each sale, is in the news again as lawmakers and...
[ad_1] Senator Tim Scott, R-S.C., who serves as ranking member on the Senate Banking Committee, did not join a letter to the Federal Reserve last week...
[ad_1] The Security Traders Association conference in D.C. led a panel about the SEC’s proposal to scale back robo-advisors and AI in markets. A Securities and...
[ad_1] In a global first, Europe’s main bank regulator is revising the framework that sets capital requirements so that lenders reflect environmental and social risks in...
[ad_1] Christopher Waller, governor of the Federal Reserve, said Friday afternoon that there are “well over 100” banks and credit unions currently using the FedNow real-time...
[ad_1] Joshua trees were burned by the York Fire in San Bernardino County, California, earlier this year. Studies have found that climate change is leading to...
[ad_1] Picasa/Jarretera – stock.adobe.com WASHINGTON — The Financial Crimes Enforcement Network announced Friday a $15 million civil penalty against New York City-based Shinhan Bank America for...
[ad_1] JPMorgan Chase has agreed to inform law enforcement when its customers are identified as being involved in human trafficking, according to the Department of Justice...
[ad_1] An almost decade long dispute over price-fixing in the municipal bond market is one-step closer to a settlement after three municipalities secured a small win...
[ad_1] Michael Barr, vice chair for supervision at the Federal Reserve, said Sept. 8 that “stablecoins are a form of money, and the ultimate source of...
[ad_1] Federal Deposit Insurance Corp. vice chair Travis Hill said in a speech Thursday that regulators should table their ambitious rulemaking agenda until interest rates have...
[ad_1] The Federal Reserve Board of Governors will have a full complement of seven governors for the first time in seven months as it heads into...
[ad_1] The Department of Health and Human Services’ recommendation last month that the Drug Enforcement Administration reschedule cannabis from a Category I to a Category III...