New requirements include public hearings and a three-year ban on post-merger branch closures
Banks indicate governance concerns and a desire to go it alone, but NGOs say they are ‘backpedalling’
The Consumer Financial Protection Bureau is introducing a new rule to end skyrocketing fees for late credit card payments
Regulatory confusion awaits banks also subject to international rules
A rise in investment and imposter scams has been aided by AI tools, says FTC
Nearly a year on from SVB’s demise, regulators are still asking whether deposit insurance schemes are fit for purpose
Capital One has big plans for acquisition target Discover Financial. But will they work?
Experts are concerned about how banks’ connections to fossil fuel companies may be affecting the progress of the green transition
As shadow banks keep growing, the US is making it easier to designate them as systemically important. Will other jurisdictions follow?
The Office of the Comptroller of the Currency has published a consultation asking for views on consolidation principles
The expansion of central clearing for the US Treasury market is seismic, and the change complex
Updated guidance in the US will allow easier designation of non-bank financial institutions as systemically important. Will other jurisdictions follow?
Companies facilitating more than five million transactions a year — including Apple, Google and Venmo — would be in scope
Solving geopolitical conflicts in “one day”, a tariff bonanza and wanton environmental deregulation could be on the cards
Wall Street’s latest earnings show cautious optimism for US investment banks.
Considered an unwelcoming environment for cryptocurrencies, the US enters the fray in allowing bitcoin exchange-traded funds.
With giant Wall Street banks set to publish results over the following week, Michael Klimes looks at what analysts expect.
After a dip in US banking M&A activity in 2023, next year may see a wave of consolidation as smaller banks seek new competitive advantages.
Bitcoin exchange-traded funds have been live in Canada and Europe for a while. Why would approval in the US be so important?
Experts say different supervisory approaches mean mid-size US banks are still vulnerable to interest rate risk, while European banks remain relatively safe. But banks should set aside more capital to ensure a more resilient system.