The OCC announced it is ending Money Laundering Risk System data collection, easing Bank Secrecy Act examination procedures for community banks, and is seeking public feedback on core providers and other third-party service providers – all as part...
ABA announced that American Bankers Mutual Insurance, the reinsurer for the ABA-endorsed insurance program, has declared a $4.2 million distribution to be shared by qualified ABA member banks insured through ABA Insurance Services.
The banking industry reported a return on assets ratio of 1.27% and aggregate net income of $79.3 billion in the third quarter of 2025, an increase of $9.4 billion, or 13.5%, from the prior quarter.
The CFPB has published a new “humility pledge” to guard against what its current leadership said was “weaponization” of its past supervision.
The average cost of this year's classic Thanksgiving feast is $55.18, a decline of 5% from 2024 and the third consecutive annual decline.
Consumer sentiment decreased 2.6 points month-over-month in November to 51, down 20.8 points from one year ago, according to final results for the month from the University of Michigan Surveys of Consumers.
