Regulatory confusion awaits banks also subject to international rules
Americas
Latest articles from US
US consumers lost a record $10bn to fraud last year
March 4, 2024A rise in investment and imposter scams has been aided by AI tools, says FTC
Uninsured deposits could pose a threat to financial stability
February 26, 2024Nearly a year on from SVB’s demise, regulators are still asking whether deposit insurance schemes are fit for purpose
A US credit card juggernaut waiting to be formed
February 23, 2024Capital One has big plans for acquisition target Discover Financial. But will they work?
Cover story: How bank boards are exposed to fossil fuel influence
February 23, 2024Experts are concerned about how banks’ connections to fossil fuel companies may be affecting the progress of the green transition
Are non-banks systemically important?
February 21, 2024As shadow banks keep growing, the US is making it easier to designate them as systemically important. Will other jurisdictions follow?
US regulator looks to fix loopholes in bank merger rules
February 12, 2024The Office of the Comptroller of the Currency has published a consultation asking for views on consolidation principles
Explainer: The replumbing of US Treasury clearing
February 5, 2024The expansion of central clearing for the US Treasury market is seismic, and the change complex
Non-banks can be ‘too big to fail’, at least in the US
February 1, 2024Updated guidance in the US will allow easier designation of non-bank financial institutions as systemically important. Will other jurisdictions follow?
US proposal on non-bank payment providers slammed by industry, consumers and bipartisan politicians
January 30, 2024Companies facilitating more than five million transactions a year — including Apple, Google and Venmo — would be in scope