FSA NEWS

Banks to Lose Deposits

U.S. banks preparing for the day when depositors pull money from safe but low-paying accounts as the economy recovers and interest rates rise. 

Climate Risk Insurance?

Insurance companies are pushing corporate clients (as well as municipal ones) to protect themselves financially against severe weather.

CFPB Bank Complaints

Data shows the majority of consumer complaints to the Consumer Financial Protection Bureau revolve around bank checking accounts.

Swaps Rules Compromise

U.S. swap rules debut during government shutdown with most of the CFTC’s Washington headquarters on furlough and Gensler monitoring by phone.