Federal Reserve unveils new banking regulation in Wall Street …
Sep 10, 2024 · Introduced in July 2023, the regulatory overhaul known as the Basel Endgame would have boosted capital requirements for the world's largest banks by roughly 19%.
Financial Regulation - The Latest News on the SEC and How Regulations …
Internal data shows securities enforcers bring in far less money than their cases indicate. The departing Comptroller of the Currency Michael Hsu, who helped shepherd institutions through a period...
Banking Regulations & Policy News | Banking Dive
3 days ago · The incoming Senate Banking Committee ranking member blasted two regulators for failing to update bank merger guidelines as thoroughly as the FDIC and Justice Department.
The latest victory as big banks continue winning streak - Axios
4 days ago · Now officials will move to do just that in 2025 — even as bank lobbying groups sue their regulator to force compliance with those new plans. Zoom in: Two days before Christmas, the Fed said it will soon propose " significant changes " to the stress testing process that help determine the extent to which banks can boost dividends or buyback stock.
Banking Law News
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US Fed floats major changes to bank stress tests in light of legal ...
Dec 23, 2024 · Covers financial regulation and policy out of the Reuters Washington bureau, with a specific focus on banking regulators. Has covered economic and financial policy in the U.S. capital for 15 years.
CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for …
Dec 20, 2024 · As of June 30, 2024, Bank of America had over $2.5 trillion in consolidated total assets. JPMorgan Chase Bank, N.A. is a national bank and subsidiary of JPMorgan Chase & Company headquartered in Columbus, Ohio, and the nation’s largest bank, with over $3.5 trillion in consolidated total assets as of June 30, 2024.
Regulators unveil sweeping capital rules changes for big banks
Jul 27, 2023 · U.S. regulators on Thursday unveiled a sweeping set of proposed changes to banks' capital requirements to address evolving international standards and the recent regional banking crisis.
Bank Regulators to Lean on Enforcement as High Court Hits Rules
Jul 2, 2024 · A pair of US Supreme Court decisions curtailing the rule-writing authority of federal regulators will likely force banking agencies to rely on their supervisory and enforcement powers to police Wall Street.
Regulatory agenda previews upcoming rules from banking agencies
Jul 10, 2024 · The Consumer Financial Protection Bureau’s agenda includes four proposed rule actions, addressing the Fair Credit Reporting Act, or FCRA, mortgage servicing, the Financial Data Transparency Act and consumer financial product contracts under Regulation AA.