Comptroller of the Currency Thomas Curry said last week that regulators should re-examine Basel III’s proposed leverage ratio that FDIC officials have said is too low. “We are still working on Basel, and I am hopeful that we will soon … Read More…
Frank Keating, the president and CEO of the American Bankers Association, recently expressed support for legislation that would require banking regulators to conduct a thorough cost-benefit analysis of the impact on Basel III rules on community banks. Banking regulators, including … Read More…
Sens. Joe Manchin (D-W. Va.) and Dean Heller (R-Nev.) introduced legislation last week that would require banking regulators to conduct a thorough cost-benefit analysis of the Basel III rules’ impact before issuing final rules. Regulators, including the Federal Reserve, FDIC … Read More…
BAFT-IFSA, a global financial services association for international transaction banking, recently praised the European Union’s adoption of amendments to Basel III rules designed to reduce the regulatory burden for the trade finance industry. The industry has expressed some concern regarding … Read More…
The American Bankers Association testified before a House subcommittee on Tuesday on the steps necessary to reduce the regulatory burden for community banks. Kenneth Burgess, the chairman of FirstCapital Bank of Texas, which has $713 million in assets, testified on … Read More…
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