Category: Regulations


Fed Approves Rule to Prevent Risk Concentration Between Large Banks

June 18, 2018

Via: ABF Journal

The Federal Reserve Board approved a rule to prevent concentrations of risk between large banking organizations and their counterparties from undermining financial stability. As demonstrated during the financial crisis, excessive exposure between the largest financial institutions spread contagion and eroded […]


Wells Fargo Names Three Senior Bankers to Leadership Team

June 13, 2018

Via: ABF Journal

Wells Fargo Business Banking added Doug Banzuly, Brett Beugen and Gary Dyshaw to the Midwest region’s leadership team. The three will report to Tim Billerbeck, head of Wells Fargo Business Banking for the Midwest region, and will be responsible for […]

Capital and risk, Operational, Regulations

Fed calls Deutsche Bank’s U.S. operations troubled

May 31, 2018

Via: Market Watch

The Federal Reserve has designated Deutsche Bank DB, -5.53% AG’s sprawling U.S. business in “troubled condition,” a rare censure for a major financial institution that contributed to constraints on its operations, according to people familiar with the matter. The Fed’s […]


Banks temper expectations for the first ‘Volcker Rule’ rewrite

May 30, 2018


U.S. regulators are set to rewrite rules reining in banks’ risky trading behavior, making changes that will cut compliance costs but stopping far short of allowing firms to return to their gambling days seen before the 2007-2009 global financial crisis. […]


Fed’s Kaplan sees another four rate hikes or so before central bank finishes its job

May 24, 2018


The Federal Reserve needs to raise interest rates about four more times before it reaches an equilibrium level, Dallas Fed President Robert Kaplan said Thursday. Speaking a day after the central bank released minutes from its May meeting, Kaplan said […]

Capital and risk, Macroeconomic, Regulations

House set to approve bank deregulation legislation

May 22, 2018

Via: Market Watch

Major banks — outside of money-center giants — are set to gain a measure of relief when the House of Representatives votes Tuesday on a deregulation bill. The bill, the Economic Growth, Regulatory Relief and Consumer Protection Act, not only […]

Business banking, Products, Regulations

Why Tax Reform Changes Nothing — and Everything

May 14, 2018

Via: Strategy Business

Companies in the U.S. were already sitting on piles of cash before tax reform passed in December 2017. Now, with a strengthening global economy and a tax overhaul that lowers the corporate tax rate from 35 to 21 percent and […]


What Facebook’s Data Debacle Could Mean for Banking

May 2, 2018

Via: Bank Director

There was a particular moment on the second day of his most recent testimony Facebook CEO Mark Zuckerberg struck a rare smile. Zuckerberg, on Capitol Hill to answer pointed questions about the scraping of company’s data on 87 million of […]

Products, Regulations, Retail banking

Banks, credit-card cos. explore tracking gun purchases in possible prelude to restrictions

April 30, 2018

Via: Market Watch

Banks and credit-card companies are discussing ways to identify purchases of guns in their payment systems, a move that could be a prelude to restricting such transactions, according to people familiar with the talks. The discussions are preliminary but could […]


Is Congress Sowing the Seeds of the Next Banking Crisis?

April 4, 2018

Via: Bank Director

Three weeks ago today, the U.S. Senate passed a bank deregulation bill that either provides modest relief to one of the country’s most heavily regulated and scrutinized industries—or sows the seeds of our next great banking crisis. Sponsored by Sen. […]