Tag Archives: Banks

Stress tests have come under some scrutiny lately as to whether or not they are providing any new, relevant information seven years after the Federal Reserve disclosed the results of the first stress tests. To the OCC, however, stress tests are still relevant.

The financial industry has been buzzing about the possibility of a national bank charter for non-bank financial technology companies even though such a charter has not been issued since the financial crisis.

Here are the key objectives and priorities that banks need to focus on for the remainder of the year, according to the OCC.

Federal financial regulators on Tuesday proposed a rule that require the largest banks to be ready in case of another financial crisis. What are the agencies proposing that banks do to be ready?

The Office of the Comptroller of the Currency has had a clear message as of late: Technology is not always helpful.

Financial industry regulators are seeking comment on a proposed rule that would implement Section 956 of the Dodd-Frank Act and change compensation structures and align banks’ incentives.

Under a newly proposed rule, the largest U.S. banks will have to prove that they have enough cash set aside for business operations up to a year to lower liquidity risk among the institutions to reduce the chances of yet another crash.

Minneapolis Fed president Neel Kashkari said that while he still believes some major banks are indeed too big to let die, TBTF itself runs the risk of laying the burden of financial risk back in the laps of taxpayers.

Minneapolis Fed President and CEO Neel Kashkari believes that the largest banks are still Too Big to Fail, and he and his colleagues are exploring possible solutions.

According to the release of the investment banking firm’s Q1 earnings statement on Monday, citing market volatility during the first quarter, Morgan Stanley reported a net income decline of more than 50 percent year-over-year.