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Lawmakers urge financial regulators to take action on banking discrimination
The Hill via Yahoo Singapore Finance· 1 month agoA group of Democratic lawmakers in the House and Senate are calling on heads of the Treasury...
Abuses documented in FDIC sexual misconduct report unacceptable, Yellen says
Reuters via Yahoo News Singapore· 2 months agoWASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Monday said abuses documented in a...
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...
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...
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...
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...
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...
Bank regulators tell Citigroup to take urgent action to fix resolution plan
Reuters via Yahoo Singapore Finance· 2 years ago(Reuters) -The U.S. Federal Reserve and the Federal Deposit Insurance Corp identified a shortcoming...
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...
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...