The US Federal Reserve released plans Wednesday to relax a key capital rule for major banks, a move they say can help ...

The Federal Reserve on Wednesday proposed easing a key capital rule that banks say has limited their ability to operate.

A new org structure with P&L responsibility for business unit GMs aims to drive profitability and resource efficiency across ...

Deputy Treasury Secretary Michael Faulkender says Basel capital rules need to fit the U.S. economy and avoid discouraging ...

Wise bankers will recognize that as the Trump administration dismantles much of the supervisory structure built up over past ...

Commissioner Lara’s department reached to an agreement at the February 2025 meeting for an increase in average for homeowners—down from %22 the insurer originally requested; for renters and ...

Sen. Elizabeth Warren said she is “pleased” the FDIC will evaluate whether the decision to layoff workers at the agency puts the banking system at risk.

Lloyds Bank has placed thousands of jobs in its IT division under review as part of its £4bn transformation plan, City AM can reveal. Skip to content City AM ...

Lloyds said the restructuring efforts would bolster its overall headcount by 1,200 but some people will be let go. Lloyds Banking Group has placed thousands of jobs in its IT division under review as ...

Citigroup announced changes in its technology and services divisions. CEO Jane Fraser aims to simplify the bank's structure and focus on profitable business lines. Two key executives are leaving ...

Murphy, though, boosted his price target to $490 from $400, but with some caveats. “While this still implies upside, execution risk is high and TSLA is trading at a level that captures much of ...