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Understanding U.S. Regulator’s Proposed Extended Comment Period

Perficient

Earlier this year, the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Fed), and the Federal Deposit Insurance Corporation (FDIC) unveiled a proposed rule that would reshape the landscape for certain financial institutions.

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U.S. Regulators to Bank Boards: “Debt is Good”

Perficient

Mail: Chief Counsel’s Office, Attention: Comment Processing, Office of the Comptroller of the Currency, 400 7th Street, SW, suite 3E-218, Washington, DC 20219. Hand Delivery/Courier: 400 7th Street, SW, suite 3E-218, Washington, DC 20219 The full proposed 200+ page regulation is available here: Long-Term Debt (FR) (fdic.gov).

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Silicon Valley Bank Failure – Lessons in Interest Rate Risk Management

South State Correspondent

The abrupt collapse of Silicon Valley Bank (SVB) is a stunning example of bank leadership not understanding interest rate risk, running into trouble with an inverted yield curve, and ignoring the impact of a severe monetary correction on long-duration assets.

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Fed Chairman Concerned Over Shrinking Bank Market

PYMNTS

It also meant the loss of financial advice, local civic leadership and an institution that brought needed customers to nearby businesses,” Powell said last week , according to reports. .” Now, Powell is also raising concerns about how bank industry consolidation could negatively impact the small business community.

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Finance Policy Predictions 2020: AML, Authentication, Collections & CRA

FICO

Some are saying this spring but in Washington, D.C., While current FCC leadership has tried to address some of the other issues implicated in the 2018 decision (e.g., In December, the FDIC and OCC issued a proposed rule to modernize the Community Reinvestment Act (CRA). email and texts). deadlines always seem to slide.

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Yes, I really did just accept an a position on the Consumer Advisory Board of the CFPB! (Consumer Financial Protection Bureau)

Javelin Strategy & Research

This will require several trips a year to Washington, DC along with several touch-points, and I’m looking forward to getting acquainted with the CFPB’s staff and other 24 Consumer Advisory Board (CAB) members. I just accepted a position on the Consumer Advisory Board of the CFPB. I have a lot to learn! I’d like to hear from you.

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The Thinker

Independent Banker

Yet his steady leadership is paired with a willingness to challenge the status quo cautiously to keep up with an evolving marketplace—a quality that appealed to the bank’s board when it promoted him from loan officer to bank president 25 years ago. FDIC Advisory Committee on Community Banking, member. Thoughtful action.

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