Free Trial

Fed Ramps Up Demand For Corrective Actions By Regional Banks - Bloomberg

FED
  • Bloomberg reports that the Federal Reserve has issued "a slew of private warnings to lenders with assets of $100B-$250B, including Citizens Financial Group Inc., Fifth Third Bancorp and M&T Bank Corp., according to people with knowledge of the matter".
  • "The wide-ranging notices have touched on everything from lenders’ capital and liquidity to their technology and compliance, the people said, asking not to be identified discussing confidential supervisory information."
  • The KBW Regional Banking Index drops a relatively limited -0.3% on the story breaking for -0.8% on the day.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.