Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive

News Now

News of the Competition (05/09/2014)
  • CHICAGO (5/9/14)--In a Thursday speech, Federal Reserve Gov. Daniel Tarullo said it would be "worthwhile" to consider changing the level at which a financial institution is declared "systemically important" ( MarketWatch May 8).  "Requirements such as resolution planning and the quite elaborate requirements of our supervisory stress testing process do not seem to me to be necessary for banks between $50 billion and $100 billion in assets," he said. "If the line were redrawn at a higher figure, we might explore simpler methods for promoting macroprudential aims with respect to banks above $10 billion in assets but below the new threshold."  More than one-third of U.S. commercial banking assets are held by 80 banks that have more than $10 billion in assets ... 

RSS print
News Now LiveWire
Goodwill Industries latest to report data security breach
5 hours ago
CUNA economist Schenk discusses regulators' focus on interest-rate risk. See CU Magazine:
6 hours ago
Fed issues annual report on general-use prepaid cards in gov't-administered payment programs.
7 hours ago
Children in foster care face higher risk of identity theft via @NBCNews
7 hours ago
.@Cornerstone_CUL's leadership conference includes food drive for San Antonio food bank
8 hours ago