Tag: Jelena McWilliams
FDIC: Year-end bank revenue down 36.5% in U.S. in 2020
PROVIDENCE – While financial institutions recovered somewhat from the initial blow dealt by COVID-19, year-end profits were still down compared with the year before,...
FDIC: R.I. banks report increased revenue amid national decline
PROVIDENCE – Rhode Island banks and savings institutions bucked the national trend in 2019, reporting an increase in year-end revenue at a time when...
Volcker rule trading revamp approved in win for Wall Street
WASHINGTON – Wall Street watchdogs handpicked by President Donald Trump eased the Volcker Rule’s controversial ban on banks making speculative investments, wrapping up a...
Some banking regulatory requirements easing
A decade after the financial crisis, the banking industry appears to be in great shape. Profits are way up and some of the regulatory...
FDIC launches ‘transparency’ section on its public website
PROVIDENCE – Under the so-called “Trust through Transparency” initiative, the Federal Deposit Insurance Corp. has launched a new section on its public website that...