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Lawmakers urge financial regulators to take action on banking discrimination
The Hill via Yahoo Singapore Finance· 2 months agoA group of Democratic lawmakers in the House and Senate are calling on heads of the Treasury...
UPDATE 1-Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says
Reuters via Yahoo Singapore Finance· 2 months agoU.S. Treasury Secretary Janet Yellen on Monday said abuses documented in a report on workplace problems at the U.S. Federal Deposit Insurance Corporation were totally unacceptable and not in ...
U.S. banks to raise $70 billion in debt under draft rules aimed at mitigating failures
Reuters via Yahoo Singapore Finance· 10 months agoWASHINGTON (Reuters) -Large regional banks would have to issue roughly $70 billion in fresh debt...
FDIC sees merits of increasing backstop for business accounts
Reuters via Yahoo Singapore Finance· 1 year agoA key U.S. banking regulator on Monday laid out a range of options for reforming the federal deposit...
FDIC report to reopen U.S. bank deposit insurance debate
Reuters via Yahoo Singapore Finance· 1 year agoA key U.S. banking regulator is set to publish a comprehensive overview of the federal deposit...
U.S. bank regulators say system is sound, but rules need review
Reuters via Yahoo Singapore Finance· 1 year agoWASHINGTON (Reuters) -Top U.S. banking regulators plan to tell Congress that the overall financial...
US regulators say deposits into First Republic Bank show system's resilience
Reuters via Yahoo Singapore Finance· 1 year agoFederal regulators and the Treasury Department on Thursday welcomed a decision by 11 larger banks to...
Tech pressure, Yellen everywhere: How Washington scrambled as SVB collapsed
Reuters via Yahoo Singapore Finance· 1 year agoWASHINGTON (Reuters) -The U.S. government launched emergency measures on Sunday to shore up...
After SVB failure, US acts to shore up banking system confidence
Reuters via Yahoo Singapore Finance· 1 year agoU.S. authorities launched emergency measures on Sunday to shore up confidence in the banking system...
Higher expenses weigh down U.S. bank profits in 2022 - FDIC
Reuters via Yahoo Singapore Finance· 1 year agoWASHINGTON (Reuters) -U.S. banks reported a 5.8% decline in profits in 2022 as firms spent more on...