[Tree] Citi's regulatory challenges and potential regulatory easing

Version 0.54 (2024-11-09 03:40:24.785000)

updates: Added insights on Trump administration's impact on banking

Version 0.53 (2024-10-15 09:41:49.870000)

updates: Citi's workforce and training issues highlighted

Version 0.52 (2024-09-13 02:35:17.822000)

updates: Wells Fargo faces new compliance requirements from OCC.

Version 0.51 (2024-07-22 13:04:56.288000)

updates: Inclusion of information from a secret report revealing poor risk management in major US banks

Version 0.5 (2024-06-21 16:56:05.814000)

updates: Regulators find shortcomings in living will plans of major banks

Version 0.49 (2024-02-13 08:24:28.319000)

updates: Citigroup facing regulatory scrutiny and calls for risk management overhaul

Version 0.48 (2024-01-30 12:27:27.321000)

updates: Major US banks considering legal action against federal regulators over proposed capital reserve requirements

Version 0.47 (2024-01-30 10:27:20.145000)

updates: Morgan Stanley analysts turn bullish on US banks

Version 0.46 (2024-01-23 21:58:23.457000)

updates: US regulator defends tougher capital rules amid criticism from banks

Version 0.45 (2024-01-18 05:41:42.806000)

updates: Basel Committee chair supports US bank capital proposals

Version 0.44 (2024-01-17 18:32:30.004000)

updates: Inclusion of recent statements from Federal Reserve Vice Chair of Supervision Michael Barr and Fed Governor Michelle Bowman expressing concerns about the proposed adoption of banking capital requirements

Version 0.43 (2024-01-16 11:21:28.581000)

updates: Big US banks are urging the Federal Reserve to revise the draft rule on bank capital

Version 0.42 (2024-01-14 20:21:11.103000)

updates: Inclusion of an op-ed discussing the negative impact of the proposed bank regulations on small businesses and middle-class borrowers

Version 0.41 (2024-01-12 05:20:18.632000)

updates: Bank CEOs plan legal fight against proposed regulations

Version 0.4 (2023-12-22 19:00:47.094000)

updates: Inclusion of information about a lobbying group's concerns regarding the plan to strengthen bank-capital requirements

Version 0.39 (2023-12-06 23:41:16.178000)

updates: CEOs express concerns about proposed regulations and the impact on the US economy

Version 0.38 (2023-12-06 20:48:06.554000)

updates: CEOs express opposition to proposed capital requirements in Senate hearing

Version 0.37 (2023-12-06 20:43:02.836000)

updates: CEOs of major US banks testify before Congress CEOs warn proposed regulations could harm small businesses and low-income Americans CEOs testify before Senate Banking Committee CEOs highlight impact of proposed banking rules on mortgages, small business loans, and low- to moderate-income borrowers CEOs warn regulations could push financial activity to non-bank players Hearing sees partisan lines with Democrats skeptical of executives and Republicans inquiring about potential harms to everyday Americans

Version 0.36 (2023-12-06 19:46:21.449000)

updates: CEOs testify before Congress, express concerns about proposed regulations

Version 0.35 (2023-12-06 19:12:11.495000)

updates: CEOs testify before Congress, express concerns about proposed regulations

Version 0.34 (2023-12-06 18:49:01.330000)

updates: CEOs express concerns about potential harm to consumers, businesses, and the economy

Version 0.33 (2023-12-06 18:38:20.653000)

updates: Bank CEOs testify before Congress on proposed regulations

Version 0.32 (2023-12-06 17:48:53.991000)

updates: CEOs express concerns about proposed regulations and their impact on the economy

Version 0.31 (2023-12-06 16:39:22.001000)

updates: CEOs warn of economic toll from proposed regulations

Version 0.3 (2023-12-06 15:40:20.891000)

updates: Incorporated concerns about the health of US consumers and the potential harm to the US economy from the CEOs' testimony

Version 0.29 (2023-12-06 15:38:38.736000)

updates: CEOs express concerns about the impact on the US economy

Version 0.28 (2023-12-06 12:29:56.649000)

updates: Testimony before Senate Banking Committee, opposition to Basel Endgame proposal

Version 0.27 (2023-12-06 11:12:34.618000)

updates: Testimony details, focus on Basel III endgame measures, concerns about harm to consumers and businesses, emphasis on supporting customers and financial stability

Version 0.26 (2023-12-04 11:45:12.814000)

updates: Bank CEOs expressing concerns about regulations before Congress

Version 0.25 (2023-11-26 19:34:08.130000)

updates: Inclusion of survey results showing challenges faced by small businesses, especially minority-owned businesses, and their concerns about the proposed regulation

Version 0.24 (2023-11-23 18:04:09.460000)

updates: Banks criticize proposal to hold more capital cushions

Version 0.23 (2023-11-23 11:32:03.499000)

updates: Banks criticize proposal by Fed and regulators to hold more capital cushions

Version 0.22 (2023-11-16 23:59:43.173000)

updates: Incorporated information about the FDIC's final rule on special assessment

Version 0.21 (2023-11-15 21:45:54.130000)

updates: Lawmakers express skepticism and concerns about the potential negative impact on lending and small businesses. Senators warn of limiting access to credit for millions of Americans. US Chamber of Commerce launches campaign to protect business lending.

Version 0.2 (2023-11-15 03:45:22.765000)

updates: Lawmakers express skepticism and concerns about the potential negative impact on lending and small businesses

Version 0.19 (2023-11-14 17:16:06.060000)

updates: Senators Tuberville and Britt warn about the impact on credit access

Version 0.18 (2023-11-14 16:20:02.516000)

updates: Remarks by FDIC Chairman Martin J. Gruenberg on oversight of financial regulators, protecting insured deposits, bank supervision, resolving failed banks, Basel III, Community Reinvestment Act, banking industry performance, challenges and risks, Minority Depository Institutions (MDIs), Community Development Financial Institutions (CDFIs), Deposit Insurance Fund (DIF), capital requirements

Version 0.17 (2023-11-14 15:17:37.050000)

updates: Regulators to face tough questions from lawmakers, recent ransomware attack to be discussed

Version 0.16 (2023-11-14 14:16:17.406000)

updates: Congressional grilling, recent ransomware attack, campaign to protect business lending

Version 0.15 (2023-11-14 14:13:14.824000)

updates: U.S. Chamber launches campaign to protect business lending

Version 0.14 (2023-11-14 13:14:12.960000)

updates: Congressional grilling, withdrawal call by US Senators

Version 0.13 (2023-11-14 12:34:11.798000)

updates: Congressional grilling of US bank regulators on proposed capital hike plan

Version 0.12 (2023-11-14 12:17:57.100000)

updates: Congressional grilling of bank regulators, mention of recent ransomware attack

Version 0.11 (2023-11-14 11:35:02.843000)

updates: Congressional hearings on capital hike plan, concerns about FDIC culture

Version 0.1 (2023-11-14 10:37:32.325000)

updates: Regulators face tough questions from lawmakers amid pushback

Version 0.09 (2023-11-14 02:33:41.528000)

updates: Restructured and revised based on new information

Version 0.08 (2023-11-14 01:33:27.324000)

updates: Updated information from U.S. Senator John Kennedy

Version 0.07 (2023-11-13 18:12:00.465000)

updates: Restructured and clarified the story based on new information

Version 0.06 (2023-11-13 16:10:33.702000)

updates: Restructured and clarified story, added source

Version 0.05 (2023-11-13 16:04:58.340000)

updates: Senators urge withdrawal of Basel III Endgame proposal

Version 0.04 (2023-11-10 15:31:36.306000)

updates: Restructured and condensed the story for improved clarity and impact

Version 0.03 (2023-11-05 21:25:32.025000)

updates: Incorporated information about the impact of higher capital requirements on banks

Version 0.02 (2023-10-23 10:38:36.890000)

updates: Added information about Basel III Endgame and its impact on large banks and the banking industry

Version 0.01 (2023-10-21 05:17:45.200000)

updates: Extension of the comment period for large bank capital rules

Version 0.0 (2023-10-20 17:24:16.633000)

updates: