ABA has made available a new resource page on high-volatility commercial real estate, which carries a higher risk weight under the Basel III capital requirements. To help bankers understand the HVCRE regulation, as well as requirements for an exemption from a HVCRE designation, ABA has collected several resources, including regulatory guidance and commentary, legal commentary and an ABA summary.
ABA, state bankers associations warn credit card rate cap would cause economic harm
A Senate bill to cap the annual percentage rate for credit cards at 10% would have a devastating effect on access to credit for individuals and small business owners who use their personal cards as a form of...