AmericasRSS
Amol Dhargalkar

Looming US dollar Libor deadline: late nights ahead for bankers and clients?

Significant progress so far suggests major mishaps unlikely, but term SOFR concerns linger. 

Getty First Republic branch

US bank collapses portend supervisory and regulatory changes

US banks, large and small, are likely to soon face heightened supervision and, later, tighter regulations given the momentum building up following the collapse of three large regional banks. 

Michael S Barr BLM

Federal Reserve’s Barr calls for strengthening of US banking regulation and supervision

Review into Silicon Valley Bank collapse suggests changes to improve supervision and tighten regulatory requirements

GET Dollar and cents

FDIC recommends 'targeted coverage' model for deposit insurance reform

The Federal Deposit Insurance Corporation (FDIC) has outlined three potential models for deposit insurance reform in the wake of recent banking disruption.

OCC highlights how open banking may necessitate change in its approach

Acting comptroller of the currency raises questions about how open banking may lead to changes in how it supervises banks.

Yesha Yadav

US bank collapses test regulators’ limits

The repercussions of three US banks collapsing in the space of a week is pushing the limits of banking regulators’ powers, amid fears more failures are to come. 

GET Nellie Liang

US Treasury talks up CBDC prospects, but still a “long way to go”

A recent speech from a senior Treasury official talked extensively about the potential development of a US central bank digital currency, but industry experts suggest there is more to this apparent CBDC enthusiasm than meets the eye. 

GET Michael Barr

US authorities scrutinise bank failures

US Federal Reserve vice chair for supervision, Michael S Barr, is to lead a review of the supervision and regulation of Silicon Valley Bank, following its failure.

Lael Brainard resigns as Fed vice-chair

Lael Brainard, a member of the Federal Reserve Board since June 2014 and vice-chair since 2022, has stepped down from her position in order to become director of the National Economic Council, effectively becoming president Joe Biden’s most senior economic adviser.

US regulators issue joint statement on crypto asset liquidity risks for banks

The Board of Governors of the Federal Reserve System (Federal Reserve), the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) collectively issued a statement highlighting the risks that crypto asset market vulnerabilities can pose to banks.