Story thread · 7 reports / 5 sources

Fed Moves to Give Mutual Banks More Flexibility to Raise Capital

pymnts.com · 10dShare

The Federal Reserve is seeking comment on a proposal that it said would modernize rules for mutual banking organizations and increase their flexibility to raise capital. The proposal would update rules that have not been changed since they were established in 1993 and have proven to be “overly burdensome and complex,” the Federal Reserve said in […] The post Fed Moves to Give Mutual Banks More Flexibility to Raise Capital appeared first on PYMNTS.com .

First report: Federal Reserve Board requests comment on a proposal to modernize its rule governing the extension of credit to bank "insiders"—bank executives, board members and major shareholders who could potentially influence a bank's lending decisions — federalreserve.gov, 11d