Top Policymakers Emphasize Need for ‘Robust’ Alternate Reference Rates
Acting Comptroller of the Currency Michael Hsu today said that it is “imperative that banks continue careful planning” for the...
Commercial Lending
CFTC Subcommittee Recommends Transition Dates for Interdealer Swap Market Trading Conventions
With certain tenors of Libor set to sunset at the end of 2021, the Commodity Futures Trading Commission’s Interest Rate...
Podcast: Unpacking the Post-COVID Economic Recovery
Economics may be the so-called dismal science, but the latest forecast of ABA's Economic Advisory Committee is anything but.
Banks’ Transition Away from Libor Just Became Easier
The variety of forward-looking term rates now available means that banks will have choices to offer when transitioning from Libor.
FSB Issues Roadmap, Additional Resources for Libor Transition
As banks prepare for the cessation of Libor—certain tenors of which are set to begin phasing out at the end...
ARRC to Recommend CME Group to Administer Forward-Looking SOFR Term Rate
In a significant move today, the Alternative Reference Rates Committee—of which the American Bankers Association is a member—said it plans...
OCC’s Hsu Warns Against ‘Complacency’ as Recovery Revs Up
With projected economic growth expected to create a positive environment for bank performance in the remainder of 2021 and 2022,...
How Marketing Helped Turn PPP into One of the Greatest B2B Acquisition and Growth Events Ever
Banks that speak about their performance showing up for the country in a moment of need are connecting to new...
Complying with PPP Loan Forgiveness Requirements
With PPP funds drawing down, the focus of bankers and the SBA will turn fully to forgiveness. What do compliance...
ARRC Publishes Market Indicators to Support Recommendation for Forward-Looking Rate
The Alternative Reference Rates Committee—of which the American Bankers Association is a member—today published a set of market indicators it...
