OCC publishes interest rate risk statistics report
The OCC today published its semiannual report on interest rate risk data gathered during examinations of OCC-supervised midsize and community...
Newsbytes
FDIC provides guidance on multiple NSF fees for re-presented items
In its latest issue of Consumer Compliance Supervisory Highlights, the FDIC addressed the charging of multiple non-sufficient funds fees for...
Hsu: OCC weighing conditions’ for large bank merger approval to ensure resolvability
Speaking at an industry event today, Acting Comptroller Michael Hsu warned that “there is a gap with regards to large...
Construction spending increases in February
Construction spending was at a seasonally adjusted annual rate of $1,704.4 billion in February, 0.5% above the revised January estimate...
ISM manufacturing increases in March
The ISM Manufacturing Index registered 57.1 points in March, 1.5 percentage points lower than the February reading of 58.6%. This...
431,000 jobs added in March, unemployment rate at 3.6%
Total nonfarm payroll employment rose by 431,000 in March, according to the Bureau of Labor Statistics. Total unemployed persons edged...
ABA Data Bank: US farmers expect to plant more soybeans than corn in 2022
According to a Department of Agriculture survey, farmers anticipate planting a record high 91 million acres of soybeans in 2022,...
ABA, BPI urge SEC to consult Fed on share repurchase disclosure modernization
The American Bankers Association and the Bank Policy Institute filed a comment letter on two proposals issued recently by the...
House bill would extend CFPB supervisory authority to nonbank small biz lenders
As the CFPB looks to implement Section 1071 of the Dodd-Frank Act—which calls for the collection of small business lending...
FASB to End Troubled Debt Restructuring Accounting for CECL Adopters
As advocated by the American Bankers Association, the Financial Accounting Standards Board today announced that it would end troubled debt...
