US banks
Coverage of US banks in the Nexus archive.
- Federal Reserve says U.S. banks can withstand $708 billion in losses amid overhaul of capital rules
The Federal Reserve stated that U.S. banks can withstand $708 billion in losses during an overhaul of capital rules. The annual stress test results will not impact capital requirements this year.
- The risks to the legacy of Barney Frank
The article discusses concerns about the undermining of a key feature in the annual stress test for US banks, which is part of Barney Frank's financial regulatory legacy. The stress test is an important tool established after the 2008 financial crisis to ensure bank stability and resilience.
- US banks expect ‘slow, then fast’ shift to digitized finance: Moody's
US banks are preparing for a surge in adoption of digitized finance to avoid being caught off guard by a sudden shift in market demand, according to Moody's. Traditional financial institutions expect a slow then fast shift. This preparation is driven by the need to stay competitive.
- White House reveals US banks 'refused' to attend meetings to resolve stablecoin rewards issue in CLARITY Act
The White House is working to resolve issues with stablecoin rewards under the CLARITY Act. US banks have been reluctant to attend meetings on the matter. The goal is to find a resolution that benefits all parties involved.