All Federal Reserve articles – Page 3

  • Article

    Amid rate debates, Federal Reserve maintains a regulatory drumbeat

    2016-10-12T13:00:00Z

    Arguments over monetary policy may dominate Federal Reserve discussion, but aside from that its influence as a regulator keeps growing. Joe Mont looks at how Chair Janet Yellen’s report to Congress went down.

  • reportcard
    Blog post

    Fed releases report card on capital plans of big banks

    2016-06-29T17:15:00Z

    The Federal Reserve has released the results of its annual Comprehensive Capital Analysis and Review, an assessment of whether bank holding companies with $50 billion or more in total consolidated assets have effective capital planning processes and adequate assets on-hand to absorb losses during stressful conditions. While many plans passed ...

  • Blog post

    Federal Reserve releases bank stress test results

    2016-06-24T10:45:00Z

    Some good news from the Federal Reserve this week: U.S. banks seem to have enough cash on hand to weather a variety of unexpected economic calamities and downturns. “The nation's largest bank holding companies continue to build their capital levels and improve their credit quality, strengthening their ability to lend ...

  • Article

    Fed proposes more ‘bank-like’ capital & risk standards for insurance companies

    2016-06-07T12:15:00Z

    Insurance companies are increasingly targeted with bank-like regulation and oversight. The latest development: proposals by the Federal Reserve’s Board of Governors for new capital and risk management standards for systemically important insurance companies and those that own a bank or thrift. Joe Mont reports.

  • Article

    Banks face continuing parade of new regulations

    2016-05-04T15:45:00Z

    Even as aftershocks of the Financial Crisis fade, banks continue to face a steady stream of new and evolving regulatory demands. Recent days have been no exception, says Joe Mont, with new demands regarding liquidity, swaps contracts, and a plan to undo the United States’ “see no evil” approach to ...

  • Blog post

    Federal Reserve rule addresses inter-bank lending

    2016-03-07T13:15:00Z

    The Federal Reserve Board has proposed a rule intended to address the risk associated with excessive credit exposures of large banking organizations to a single counterparty. Specifically, it addresses large credit exposures between financial institutions, a practice that led to financial instability during the Financial Crisis. The proposal would apply ...

  • Blog post

    Fed Puts New Limitations on Bank Bailouts

    2015-11-30T11:15:00Z

    The Federal Reserve Board has clarified its procedures for emergency lending to banking institutions and placed new restrictions on future bailouts. A final rule, approved Monday and effective on Jan. 1, broadens the existing definition of insolvency and requires that emergency lending be approved by the Treasury Department. These and ...

  • Blog post

    Fed Proposes Liquidity Disclosures, Will Improve Examinations

    2015-11-25T14:15:00Z

    Image: There was a warning last week from Fed Governor Daniel Tarullo to expect an increase to stress test minimum capital requirements and a proposed rule requiring banks to publicly disclose aspects of their liquidity profile. Also announced was an effort to improve the consistency of supervisory examinations and a ...

  • Blog post

    Banks Could Face Long-Term Debt Requirements

    2015-11-02T13:45:00Z

    Unveiling yet another rulemaking effort to end taxpayer bailouts when large banks fail, the Board of Governors of the Federal Reserve has proposed an increase in the loss absorbing capacity of systemically important U.S. bank holding companies and the domestic operations of smilarly designated foreign banks. Covered institutions would be ...

  • Article

    ISO 20022: Tepid U.S. Embrace for New Financial Standard

    2015-09-01T13:15:00Z

    Image: The push to adopt a new ISO standard for financial transactions is gaining momentum on a global scale—even as the United States continues to weigh the business case for it. “It’s important because it is seen as the standard that all new financial transactions will move to over time,” ...

  • Blog post

    Fed Hands Big Banks New Risk-Based Capital Surcharges

    2015-07-20T14:45:00Z

    The Board of Governors of the Federal Reserve has issued a final rule that establishes risk-based capital surcharges for financial institutions designated as “global systemically important bank holding companies.” JPMorgan was handed the largest surcharge among the nation’s eight largest banks, 4.5 percent of its risk-weighted assets. More inside.

  • Blog post

    House Vote Demands More Transparency from CFPB

    2015-04-16T12:45:00Z

    The House of Representatives, with a 401-2 vote, has approved legislation that requires the Consumer Financial Protection Bureau to comply with Federal Advisory Committee Act transparency requirements. The Federal Reserve, CIA, and CFPB are among the agencies not covered by the law. More inside.

  • Article

    Better Ways to Test Banks’ Stress

    2015-01-06T10:30:00Z

    Image: Title: KraynThe banking world will start 2015 with another bout of hand-wringing over stress tests. Critics question whether the tests probe what truly makes large banks a threat to the financial system, and banks know they must somehow use technology to streamline the annual exercise. “Throwing people at the ...

  • Blog post

    Fed Extends Deadlines for Volcker Rule Compliance

    2014-12-19T14:15:00Z

    The Federal Reserve Board is giving financial insitutions more time to comply with the Volcker rule’s demand that they extricate themselves from investments in hedge funds and private equity funds and wind down speculative positions held on their own behalf, rather than for clients. Banks will until 2017 to unwind ...

  • Blog post

    Fed Seeks New Capital Requirements for Biggest Banks

    2014-12-09T17:15:00Z

    Image: Dec. 9—The Federal Reserve is proposing a new risk-based capital surcharge for the most systemically important firms. The proposed rule would implement a new methodology for determining “global systemically important” banks and increase mandated capital conservation buffers by as much as 4 percent. The proposal establishes five broad categories ...

  • Blog post

    Federal Reserve Places New Limits on Large Banks

    2014-11-07T09:45:00Z

    The Federal Reserve Board has approved a rule that places new limits on mergers and acquisitions in the banking industry, effectively slowing the growth of the largest institutions in yet another strike against “too big to fail” banks. The rule prohibits a financial company from combining with another company if ...

  • Blog post

    Fed Official Warns Banks: Fix Culture Problem or be Downsized

    2014-10-21T15:00:00Z

    Two Federal Reserve officials issued stern warnings regarding bank compliance efforts last week. William Dudley, president of the Federal Reserve Bank of New York, said that if financial institutions don’t fix their culture problem, they risk being broken apart. Meanwhile, Fed Governor Daniel Tarullo blasted banks that take a “check ...

  • Blog post

    Report: Fed Knew About, Failed to Stop JPMorgan's London Whale Trades

    2014-10-21T11:45:00Z

    Oct. 21—The Federal Reserve failed to act on knowledge of high-risk trading activities at JPMorgan Chase’s London investment office and should shoulder blame for a $6 billion loss the bank suffered from its ill-fated “London Whale” derivatives trades in 2012. That criticism is leveled by the Fed’s Office of Inspector ...