Banking
Lenders, regulation, capital
SEC and CFTC Sign Agreement to Enhance Market Oversight
The SEC and CFTC formalized a memorandum of understanding to streamline collaboration, addressing regulatory overlaps and fostering innovation in complex markets.
CFPB Ends Citi Consent Order, Sparks Debate
The Consumer Financial Protection Bureau's termination of a 2023 consent order with Citi raises concerns about regulatory enforcement and consumer trust.
Rohit Chopra to Helm California's New Consumer Agency
The former CFPB director's appointment signals California's ambition to enhance financial oversight and consumer protection.
Stellantis Secures FDIC Charter for Industrial Loan Company
Stellantis Bank USA gains approval to operate as an industrial bank, enabling the automaker to expand into national automotive financing and online deposits.
FDIC Analysis: Top Depositors Drove 2023 Regional Bank Runs
The FDIC's latest report highlights how depositor behavior, particularly among those with uninsured funds, precipitated the swift collapse of regional banks like Silicon Valley Bank and Signature Bank in early 2023.
Mascoma and Androscoggin Banks Forge Mutual Partnership for Regional Growth
Mascoma Bank and Androscoggin Bank will merge under a new mutual holding company, ClearNorth Financial, aiming to enhance scale and innovation amidst regional banking pressures.
SEC's Proposed Options Market Reforms: Impacts on Trading and Efficiency
The SEC will hold a public roundtable on April 16, 2026, to examine reforms aimed at improving the U.S.-listed options market, targeting competition, investor experience, and sustainable growth.
Hong Kong Regulator Steps Up as Collection Agent for Investors
The Securities and Futures Commission's unprecedented role in enforcing investor claims signals a new chapter for market accountability in Hong Kong.
SEC Tightens Disclosure Rules for Foreign Insiders Under New HFIA Act
The SEC’s newly adopted rules under the Holding Foreign Insiders Accountable Act will require directors and officers of foreign private issuers to disclose equity holdings, aligning them with U.S. standards.
Fed’s Rate Hikes Drive Mortgage Rates Higher, Raising Stakes for Homebuyers
Rising mortgage rates, driven by Federal Reserve policy, are intensifying challenges for potential homeowners and reshaping the real estate market's affordability landscape.