Years of stubbornly low interest rates and expectations they will remain low for years to come have prompted U.S. banks to shift their balance sheets in ways that put them at risk if rates suddenly spike, regulators are warning.
Eleven countries face legal action if bail-in rules are not enacted with the goal of removing state responsibility when banks collapse. A trend of protecting governments over banks is rising.
Legislation to undo a requirement that banks separate swaps trading from deposit-taking units was advanced with bipartisan support.
U.S. oversight of financial markets and institutions will continue, but CFTC, SEC enforcement efforts could suffer.
The Federal Deposit Insurance Corp. approved a rule responding to concerns that commercial depositors in overseas branches of U.S. banks could be disadvantaged in the event of a lender’s collapse.
The biggest U.S. banks may face tougher capital standards than global peers under an FDIC plan.
The illusion of deposit safety continues to prevail among the population living in the United States, but does the Federal Deposit Insurance Corporation or FDIC offer a true guarantee for bank deposits?
U.S. banks had $141.3 billion in net income last year, the second-best on record behind the $145.2 billion total reported for 2006, on non-interest income and lower loss provisions, the Federal Deposit Insurance Corp. said.
A recent analysis from Pimco Portfolio Manager Jerome M. Schneider highlights the potential risk of the United States entering a negative interest rate environment.
If big U.S. banks are not forced to sever their investment arms from traditional banking, they will return to behavior that led to the 2008 credit crisis, said FDIC's Hoenig.