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Futures Jump To All Time Highs Ahead Of Fed Speaker, Econ Data Frenzy

Futures Jump To All Time Highs Ahead Of Fed Speaker, Econ Data Frenzy
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Key Events This Week: PMIs And Powell Trifecta

Key Events This Week: PMIs And Powell Trifecta
zerohedge.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zerohedge.com Daily Mail and Mail on Sunday newspapers.

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Nutter Bank Report: December 2020 | Nutter McClennen & Fish LLP


Headlines
CFPB Expands the Definition of a Qualified Mortgage for Truth in Lending Purposes
FDIC Adopts New Rules Regulating Parent Companies of Insured Industrial Banks
Joint Guidance on Fintech Due Diligence Requirements for Community Banks to Come
Other Developments: LIBOR Transition, Branch Applications, and SAR Filing Requirements
1. FDIC Modernizes Brokered Deposit Rule and Amends Interest Rate Restrictions
The FDIC has adopted a final rule that establishes new standards for determining whether deposits made through certain kinds of arrangements with third parties qualify as brokered deposits, such as those between banks and financial technology (“fintech”) companies. The final rule approved on December 15 also amends the methodology for calculating the interest rate restrictions that apply to less than well capitalized banks by defining the “National Rate” as the weighted average of rates paid by all banks and credit unions on a given deposit ....

United States , Christopher Wray , Michellew Bowman , Branch Applications , Health Savings Accounts Under Section , Bank Holding Company Act , Federal Reserve , Parent Companies Of Insured Industrial Banks , Community Bankers Of America , Technology Services Handbook , National Historic Preservation , Health Savings , National Rate , National Environmental Policy , Brokered Deposit Rule , Amends Interest Rate , Qualified Mortgage , New Rules Regulating Parent Companies , Insured Industrial , Fintech Due Diligence Requirements , Community Banks , Health Savings Accounts , Internal Revenue Code , Federal Register , Germain Depository Institutions Act , Federal Deposit Insurance ,