FDIC’s Hill: CAMELS proposals coming

FDIC Chairman Travis Hill said that over the past few months, the federal banking agencies have made significant progress on reforms to the CAMELS rating system that they hope to propose in the coming weeks.

Details: Speaking in Washington, D.C., Hill also said the FDIC is fundamentally remodeling how it approaches supervision. “The result of these initiatives is not lenient supervision; it is supervision focused on the things that truly matter,” he said.