OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Agencies find no deficiencies in resolution plans from…
The Federal Reserve Board and Federal Deposit Insurance Corporation announced Tuesday that they did not find any "deficiencies," which are weaknesses that could result in additional prudential requirements if not corrected, in the resolution plans…
Federal bank regulatory agencies finalize rule to update…
Three federal bank regulatory agencies on Tuesday jointly announced a final rule updating how certain banking organizations are required to measure counterparty credit risk for derivative contracts under their regulatory capital rules. The final rule…
Agencies complete resolution plan evaluations and extend deadline…
The Federal Reserve Board and the Federal Deposit Insurance Corporation today announced several resolution plan actions, including completing their evaluations of the 2018 resolution plans for 82 foreign banks and extending the deadline for the…
Federal bank regulatory agencies and FinCEN improve transparency…
As a result of a working group established by the U.S. Department of the Treasury's Office of Terrorism and Financial Intelligence, the federal bank regulatory agencies and the U.S. Department of the Treasury's Financial Crimes…
The Five Regulators Overseeing the Volcker Rule Pushed…
Three regulators overseeing the Volcker rule pushed back regulations for certain foreign excluded funds. Three of the five regulators- the Office of Comptroller of Currency (OCC), the Federal Deposit Insurance Corporation (FDIC), and the Federal…
Federal bank regulatory agencies announce coordination of reviews…
The Federal bank Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today announced that they will not take action related to restrictions under the Volcker Rule for…
UK Bank Monzo Valued at Two Billion Pounds…
Monzo, one of UK’s most popular digital banking service provider is now valued at more than 2 Billion GBP pot its latest round of fund raising campaign. The firm managed to raise nearly 113 Million…
Agencies issue host state loan-to-deposit ratios
The Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency today issued the host state loan-to-deposit ratios that they will use to…