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Tuesday, April 30, 2019   (0 Comments - view/add)
Trump sues to prevent banks from releasing business records »
President Donald Trump has asked a US court to declare subpoenas issued by two House committees seeking records on his bus...
Tuesday, April 30, 2019   (0 Comments - view/add)
Low unemployment, competition for talent challenge banks »
Finding and retaining talent are challenges with unemployment at a record low, representatives from Wells Fargo, IBERIABAN...
Tuesday, April 30, 2019   (0 Comments - view/add)
Report: Email Impostor Fraud Up 60% Year-on-Year »
Impostor attacks against financial services organizations rose by 60% from the end of 2017 to the end of 2018, according t...
Tuesday, April 30, 2019   (0 Comments - view/add)
Bankers support Bill to Level Playing Field with Farm Credit »
ABA yesterday wrote to House lawmakers in support of H.R. 1872, the Enhancing Credit Opportunities in Rural America Act. T...
Monday, April 29, 2019   (0 Comments - view/add)
Survey: Economists expect Fed to leave rates through 2020 »
Most economists expect the Federal Reserve to leave interest rates at their current level even if the core inflation rate...
Monday, April 29, 2019   (0 Comments - view/add)
FBI: Losses from internet crime jumped in 2018 »
Internet crime resulted in $2.7 billion in losses last year, almost double the figure for 2017, according to the FBI. Comp...
Monday, April 29, 2019   (0 Comments - view/add)
Credit card charge-offs, delinquencies increase »
The number of credit card loans more than 30 days past due is increasing, and charge-offs are at the highest level since t...
Monday, April 29, 2019   (0 Comments - view/add)
Convenience keeps customers from switching banks »
Banking is more convenient due to online and mobile apps, leading fewer customers to switch banks, according to research f...
Monday, April 29, 2019   (0 Comments - view/add)
CFPB Updates Compliance Guide for Prepaid Account Rule »
The Consumer Financial Protection Bureau on Friday updated its small entity compliance guide for its final rule on prepaid...
Monday, April 29, 2019   (0 Comments - view/add)
OCC Considers Rule Changes on Fiduciary Capacity, Non-Fiduciary Custody Activities »
The OCC today issued an advance notice of proposed rulemaking regarding the scope of activities that are fiduciary in...
Friday, April 26, 2019   (0 Comments - view/add)
House could vote on Waters' Consumers First Act next month »
A bill by Rep. Maxine Waters, D-Calif., that would reverse changes made by former acting Consumer Financial Protection Bur...
Friday, April 26, 2019   (0 Comments - view/add)
FDIC plans for backup bank leadership in event of failures »
The Federal Deposit Insurance Corp. is interviewing bankers who could potentially serve as board members or executives for...
Friday, April 26, 2019   (0 Comments - view/add)
Regulators said to eye Volcker rule's bank trading limits »
US regulators are taking another shot at revamping the post-crisis Volcker Rule's definition of what types of trades will...
Friday, April 26, 2019   (0 Comments - view/add)
Fed study: Post-crisis liquidity rules helped banks profit »
Dodd-Frank Act liquidity rules that encouraged banks to hold a greater proportion of their portfolios in liquid assets pla...
Friday, April 26, 2019   (0 Comments - view/add)
Study: Consumer Satisfaction with Banks Holds Steady »
Overall customer satisfaction with retail banks came in at 807 (on a 1,000 point scale), up a point from 2018, according t...
Friday, April 26, 2019   (0 Comments - view/add)
Court Confirms EEO-1 Pay Data Reporting Delayed Until Sept. 30 »
A federal district court confirmed that the U.S. Equal Employment Opportunity Commission may delay to Sept. 30, 2019, the...
Friday, April 26, 2019   (0 Comments - view/add)
Libor Transition Panel Recommends Fallback Language for Key Instruments »
The Alternative Reference Rates Committee yesterday issued its fallback language recommendations for floating rate notes a...
Friday, April 26, 2019   (0 Comments - view/add)
CFPB Seeks Feedback on Remittance Rule Changes »
The Consumer Financial Protection Bureau has issued a request for information seeking input on potential changes to its re...
Thursday, April 25, 2019   (0 Comments - view/add)
Policymakers Discuss Regulatory Role in Fintech, Innovation »
Comptroller of the Currency Joseph Otting yesterday highlighted his agency’s efforts to foster responsible innovation, inc...
Thursday, April 25, 2019   (0 Comments - view/add)
Regulators: Fintechs struggle with bank-charter requirements »
Fintechs are having a difficult time meeting capital and profitability requirements for a bank charter, said FDIC Chair Je...
Thursday, April 25, 2019   (0 Comments - view/add)
Survey: More than 80% of insurers expect US recession in 2 years »
A survey by Goldman Sachs Asset Management found that 41% of insurers expect a US recession in 2020 and 41% believe it wil...
Wednesday, April 24, 2019   (0 Comments - view/add)
Fed unveils plan to allow easier investment in banks »
The Federal Reserve has announced a plan to simplify its rules for investment in banks so private-equity funds and other e...
Wednesday, April 24, 2019   (0 Comments - view/add)
BAFT Releases Best Practices for Digital Ledger Payment Commitments »
To help the international trade finance industry in its transition from paper-based transaction processes to distributed l...
Wednesday, April 24, 2019   (0 Comments - view/add)
OCC Proposes Changes to OREO Regulations »
The OCC today issued a proposal to update its regulations on other real estate owned, or OREO—the first such update t...
Wednesday, April 24, 2019   (0 Comments - view/add)
Fed Proposal to Bring Clarity, Transparency to Bank Control Determinations »
The Federal Reserve yesterday issued a proposal to revise its existing rules for determining control of a banking firm by...
Wednesday, April 24, 2019   (0 Comments - view/add)
ABA Report: Ag Lending Growth Tops 5 Percent in 2018 »
The nation’s farm banks increased agricultural lending by 5.3%, or $5.5 billion, to $108 billion in 2018, according to the...
Wednesday, April 24, 2019   (0 Comments - view/add)
CFPB Pledges More Transparency in Civil Investigative Demands »
The Consumer Financial Protection Bureau yesterday announced that it will change its policy on civil investigative de...
Tuesday, April 23, 2019   (0 Comments - view/add)
Report: Less Than Half of Long-Term Commercial Credit Renewals Repriced »
About 57% of banks' commercial credit renewals for terms of three years or longer are being rolled over at existing prices...
Tuesday, April 23, 2019   (0 Comments - view/add)
Rate Transition Panel Releases User’s Guide to SOFR »
The Alternative Reference Rates Committee yesterday issued “A User’s Guide to SOFR,” a handbook to help market participant...
Tuesday, April 23, 2019   (0 Comments - view/add)
Banking Leaders Discuss Industry Challenges at Recent Meeting »
At a recent meeting in Bristol, Va., several banking industry leaders offered their thoughts on a wide range of issues fac...
Tuesday, April 23, 2019   (0 Comments - view/add)
Cain withdraws from consideration for Fed seat »
Herman Cain said he no longer wants to be considered for a position on the board of the Federal Reserve. Cain, a former ch...
Monday, April 22, 2019   (0 Comments - view/add)
Banks Improve Wait Times, Application Process for Small Businesses »
Fewer small business loan applicants report being dissatisfied with wait times and application processes from banks. Dissa...
Monday, April 22, 2019   (0 Comments - view/add)
ABA Issues Staff Analysis on DOL ‘Regular Rate of Pay’ Proposal »
ABA has published a staff analysis on the Department of Labor’s proposed rule that would clarify which types of compensati...
Monday, April 22, 2019   (0 Comments - view/add)
Fight brewing over access to customer banking data »
Some major banks are threatening to block financial technology companies' access to customer banking data, contending that...
Monday, April 22, 2019   (0 Comments - view/add)
CFPB symposia to start with meaning of "abusive practice" »
The Consumer Financial Protection Bureau is planning a series of symposia featuring panels of industry stakeholders to adv...

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