August 25, 2020
Waiting Game: Fed’s Update on Dividend Regs Reflects Increased Back-and-Forth With Banks
Earnings hold the key to whether a bank qualifies for “expedited consultation” with regulators. Recent clarification by the Federal Reserve about the timing of regulatory reviews of dividends paid by banks has raised a few questions and concerns for members of NeuGroup’s Bank Treasurers’ Peer Group. Even before the guidance, banks have delayed or considered delaying their dividend declaration dates to provide more time for back-and-forth with regulators over the payout. Experience suggests that approaching the Fed with a concrete plan…
