Podcast: The Shifting Needs of Small, Middle-Market Commercial Clients
As small and middle market businesses seek to capitalize on a post-COVID bounceback, new survey research from Umpqua Bank shows...
Commercial Lending
SBA Issues Guidance on Direct PPP Loan Forgiveness
The Small Business Administration today released guidance on how it will accept Paycheck Protection Program loan forgiveness applications directly from...
ABA Supports Libor ‘Tough Legacy’ Contract Act
The American Bankers Association and a coalition of financial trade groups wrote in support today of the Adjustable Interest Rate...
SBA to Accept Direct Forgiveness Applications from PPP Borrowers
The Small Business Administration will tomorrow launch an initiative to accept Paycheck Protection Program loan forgiveness applications directly—bypassing the lending...
BAFT, Trade Finance Groups Publish Report on Effects of Libor Transition
With the transition away from Libor now well underway, BAFT, the American Bankers Association subsidiary association for international transaction banking,...
‘SOFR First’ Initiative Kicks Off
Today marked the start of the first phase of the Commodity Futures Trading Commission’s “SOFR First” initiative, which it recommended...
ABA Data Bank: Explaining the Deposit-Loan Divergence
Bank lending is not keeping up with deposit growth. Here’s why.
PPP Loan Investigations: What’s On The Horizon for Banks?
The more that banks can be proactive in preparing for inquiries, the better they will be able to defend themselves.
Podcast: Digital Innovation Lessons from an O.G. ‘Mobile Bank’
From its origins as one of the original “mobile banks” in the 1990s—designed to serve truckers across the country through...
ARRC Issues Conventions for Forward-Looking SOFR Term Rate; Endorses Date for Cross-Currency Swaps
The Alternative Reference Rates Committee today made two significant announcements today. In the first, the ARRC recommended conventions and use...
