Banks, investors hope for lighter regulations

Banks, investors hope for lighter regulations after Fed's Michael Barr steps down
Bank stocks rose after Fed Vice Chair Michael Barr stepped down from his banking regulator role. Banks, investors are anticipating more lenient rules
Top Federal Reserve Bank Regulator, Under Fire From GOP, to Step Down Next Month
The Federal Reserve’s top financial regulator said Monday that he would resign next month, avoiding a potential confrontation with the incoming Trump administration and Republicans in the Senate
Federal Reserve Board announces Michael Barr to step down
The Federal Reserve Board announced that Michael Barr will step down from his position as Federal Reserve Board Vice Chair for Supervision,
Michael Barr Didn’t Want Legal Battle for Fed Job, Even If He Could Win
Michael Barr says his choice to step down from his role as Vice Chair for Supervision came down to the calculus that even winning a fight with the incoming Trump administration to stay would be a loss for the Federal Reserve.
After Trump's criticism, Michael Barr to resign as vice chair of Federal Reserve
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
Fed's Barr to resign early from regulatory post
The Federal Reserve's top regulatory official announced Monday he plans to step down from that post effective February 28. Fed Vice Chair for Supervision Michael Barr said in a statement he was stepping down from the role early,
Michael Barr to step down as Federal Reserve’s top Wall Street regulator
Your guide to what the 2024 US election means for Washington and the world Michael Barr is stepping down as Wall Street’s top regulator but will stay on as a governor at the Federal Reserve, the US central bank announced on Monday.
Exodus by Wall Street banks from climate group worries advocates
U.S. lenders have been rushing in recent weeks to leave one of the world's top banking sector climate coalitions, drawing ...
Why Fintechs Are Beating The Banks In New Checking Accounts
Digital banks and fintechs dominate new checking account opening. They have a problem looming on the horizon, however.
Banks’ profitability to reach inflexion point in FY25, moderate further in FY26
India Ratings predicts a peak in bank metrics by FY25, followed by moderation in FY26, facing challenges like LDRs and ECL ...
Banks, consumer firms drag Indian shares as Q3 updates underwhelm
By Hritam Mukherjee and Bharath Rajeswaran (Reuters) -Indian shares dropped on Monday, dragged mainly by banks and consumer ...
Banks on January 6
Sen. Adam Schiff, D-Calif., said Sunday that the New Year’s Day attack in New Orleans shows Kash Patel “should not be ...
Wall Street banks exit climate alliance as Trump 2.0 nears
Some of the biggest lenders in the US are beating a retreat from a UN-backed bank climate group in the final weeks before a ...
Banks: Rising Bond Yields Give Cause For Concern
Rising bond yields and declining CRE values pose risks to banks, mirroring early 2023 crisis. Explore more details here.
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KPMG Highlights Nigerian Banks' Weakest Area in New Report
According to a survey by the global professional services firm KPMG, the management of customer complaints remains the ...
Are Banks Open on New Year's Eve and New Year's Day 2025?
With many businesses closing during the holidays, it's wise to handle your banking, shipping and postal needs ahead of time.
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Banks, mobile operators to be made liable for phone-scam losses
The minister of digital economy and society plans to issue an executive decree this month requiring banks and mobile phone ...
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Banks, NBFCs see hit to cross-selling
Taking approval from existing customers poses a major challenge, particularly in semi-urban and rural areas, where many ...