Bank regulators need to think hard about consolidation rules post-SVB, says Michelle Bowman
Bank of America, Citi and JPMorgan the largest US lenders to meat, dairy and feed corporations, says report
The FDIC aims to increase transparency around its approach to resolution
With Wall Street’s Q1 earnings season about to start, we look at what to expect
Blockchain-based digital payment network’s announcement is ‘overdue’
Many see the lending facilities as only for banks in trouble
High-profile collapses were just one challenge the industry faced in 2023
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