Special warning from Fed to regional banks

The Fed has issued special alerts to regional banks with assets between $100 billion and $250 billion. U.S. regulators have been quietly asking regional lenders to shore up their liquidity planning as part of an effort to tighten oversight after a trio of bank failures earlier this year. The Fed has issued a series of special alerts to lenders with assets between $100 billion and $250 billion, including Citizens Financial Group Inc., Fifth Third Bancorp and M&T Bank Corp., according to people familiar with the matter. The Fed’s specific alerts to regional banks address everything from lenders’ capital and liquidity to technology and compliance. The alerts, known as matters requiring attention and matters requiring urgent attention, or MRAs and MRIAs, come as investigators look for further signs of stress in a system already strained this year by the collapses of First Republic Bank, Silicon Valley Bank and Signature Bank.