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  2. "This new section will discuss Citi's broader transformation efforts, which also include efforts to implement the October 7, 2020 FRB and OCC consent orders," the lender had responded to SEC in a ...

  3. Walmart-linked Green Dot Bank receives proposed Federal ... - AOL

    www.aol.com/news/walmart-linked-green-dot-bank...

    Green Dot Bank, which partners with Walmart to provide digital banking services, said it has received a proposed consent order from the Federal Reserve over allegedly faulty consumer protection ...

  4. Independent foreclosure review - Wikipedia

    en.wikipedia.org/wiki/Independent_foreclosure_review

    On June 21, 2012, the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System released a financial remediation framework Agencies release financial remediation guidance, extend deadline for requesting a free independent foreclosure review to September 30, 2012 that provided examples of errors in foreclosures covered by the regulators' consent orders ...

  5. Executive Order 13772 - Wikipedia

    en.wikipedia.org/wiki/Executive_Order_13772

    The second section of the order issues a directive to the Secretary of the Treasury, ordering them to conduct meetings with members of the Financial Stability Oversight Council and report back to the President within 120 days on "the extent to which existing laws, treaties, regulations, guidance, reporting and recordkeeping requirements, and ...

  6. September 2019 events in the U.S. repo market - Wikipedia

    en.wikipedia.org/wiki/September_2019_events_in...

    The SOFR and the EFFR (and its target range) between July 2014 and October 2019, showing a jump in mid-September 2019.. On September 17, 2019, interest rates on overnight repurchase agreements (or "repos"), which are short-term loans between financial institutions, experienced a sudden and unexpected spike.

  7. Regulators find weakness in 'living wills' from BofA, Citi ...

    www.aol.com/finance/regulators-weakness-living...

    The Federal Reserve and Federal Deposit Insurance Corporation determined that there was a "shortcoming" in the plans submitted in 2023 by JPMorgan Chase , Bank of America , Goldman Sachs , and ...

  8. Federal Reserve Bank - Wikipedia

    en.wikipedia.org/wiki/Federal_Reserve_Bank

    A Federal Reserve Bank is a regional bank of the Federal Reserve System, the central banking system of the United States. There are twelve in total, one for each of the twelve Federal Reserve Districts that were created by the Federal Reserve Act of 1913. [1]

  9. Wells Fargo’s regulatory burden eases as watchdog lifts a ...

    www.aol.com/news/wells-fargos-2016-consent-order...

    The bank still has eight open consent orders, and is operating under a $1.95 trillion asset cap imposed by the Federal Reserve in 2018 that prevents it from growing until regulators deem the bank ...