Latest articles from US

SEC Chairman Gary Gensler testifies before a House Financial Services Committee oversight hearing on Capitol Hill in Washington, D.C.

SEC adopts landmark — but weakened — climate disclosure rules

March 7, 2024

Regulatory confusion awaits banks also subject to international rules

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US consumers lost a record $10bn to fraud last year

March 4, 2024

A rise in investment and imposter scams has been aided by AI tools, says FTC

The SVB logo on a sign, seen through blossom trees

Uninsured deposits could pose a threat to financial stability

February 26, 2024

Nearly a year on from SVB’s demise, regulators are still asking whether deposit insurance schemes are fit for purpose

Capital One and Discover credit cards arranged in a wallet

A US credit card juggernaut waiting to be formed

February 23, 2024

Capital One has big plans for acquisition target Discover Financial. But will they work?

A graphic displaying an oil rig, an oil drum leaking banknotes, a powerplant chimney and other climate-related images

Cover story: How bank boards are exposed to fossil fuel influence

February 23, 2024

Experts are concerned about how banks’ connections to fossil fuel companies may be affecting the progress of the green transition

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Are non-banks systemically important?

February 21, 2024

As shadow banks keep growing, the US is making it easier to designate them as systemically important. Will other jurisdictions follow?

Office of the comptroller of the currency

US regulator looks to fix loopholes in bank merger rules

February 12, 2024

The Office of the Comptroller of the Currency has published a consultation asking for views on consolidation principles

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Explainer: The replumbing of US Treasury clearing

February 5, 2024

The expansion of central clearing for the US Treasury market is seismic, and the change complex

Janet Yellen, US Treasury secretary, speaks during a meeting of the Financial Stability Oversight Council

Non-banks can be ‘too big to fail’, at least in the US

February 1, 2024

Updated guidance in the US will allow easier designation of non-bank financial institutions as systemically important. Will other jurisdictions follow?

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US proposal on non-bank payment providers slammed by industry, consumers and bipartisan politicians

January 30, 2024

Companies facilitating more than five million transactions a year — including Apple, Google and Venmo — would be in scope

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