Emily Stephenson

U.S. financial risk council adopts new transparency measures

May 23, 2019 at 9:36 p.m.

WASHINGTON (Reuters) - The U.S. financial risk council adopted new transparency measures on Wednesday, after critics raised concerns the group was too secretive about its decision-making process. In a unanimous...

Exclusive: White House considers former banking lawyer for Fed board – sources

August 25, 2021 at 4:13 a.m.

NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve,...

Exclusive: White House considers former banking lawyer for Fed board – sources

May 23, 2019 at 9:35 p.m.

NEW YORK/WASHINGTON (Reuters) - A former lawyer with the American Bankers Association is being considered by the White House as a possible nominee to the board of the Federal Reserve,...

Big U.S. banks must boost capital by $68 billion under new rules

August 25, 2021 at 3:35 a.m.

WASHINGTON (Reuters) - The eight biggest U.S. banks must boost capital levels by a total of about $68 billion under new rules, U.S. regulators said on Tuesday, prompting industry complaints...

U.S. consumer bureau details diversity efforts after complaints

November 4, 2021 at 1:36 a.m.

WASHINGTON (Reuters) - The U.S. consumer financial watchdog plans to ramp up diversity training and is teaching hiring managers to spot unconscious biases, the agency said in a report on...

U.S. consumer bureau details diversity efforts after complaints

December 23, 2018 at 11:20 p.m.

WASHINGTON (Reuters) - The U.S. consumer financial watchdog plans to ramp up diversity training and is teaching hiring managers to spot unconscious biases, the agency said in a report on...

Fed bars shareholder payouts from Citi, four others

December 23, 2018 at 11:10 p.m.

WASHINGTON/NEW YORK (Reuters) - The Federal Reserve on Wednesday rejected Citigroup Inc's plans to buy back $6.4 billion of shares and boost dividends, saying the bank is not sufficiently prepared...

U.S. banks enjoy ‘too-big-to-fail’ advantage: Fed study

November 4, 2021 at 1:31 a.m.

NEW YORK (Reuters) - A landmark study by Federal Reserve economists found that large U.S. banks enjoy a "too-big-to-fail" advantage in financial markets, joining a heated debate that could influence...

U.S. banks enjoy ‘too-big-to-fail’ advantage: Fed study

December 23, 2018 at 11:06 p.m.

All big U.S. banks but one pass Fed’s health test

November 4, 2021 at 1:30 a.m.

WASHINGTON (Reuters) - U.S. big banks have enough capital buffers to withstand a drastic economic downturn, the Federal Reserve said on Thursday, announcing that 29 out of 30 major banks...

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