The FDIC today released updated videos to help bank directors, management and staff better understand and manage interest rate risk. Topics covered by the videos include current industry trends, responsibilities of the bank’s board and management team, types of interest rate risk, different risk measurement systems, key modeling assumptions, internal controls and independent review.
Personal income rose 0.5% or $116.8 billion in March, the Commerce Department said. The personal savings rate was 3.9%.
Pending home sales increased 6.1% in March from the prior month, the National Association of Realtors said.
Real gross domestic product decreased at an annual rate of 0.3% in the first quarter of 2025, according to the Commerce Department’s first estimate.
House Republicans accused regulators of failing to appropriately tailor regulation to bank size and risk while Democrats said the Trump administration has sought to overturn regulatory reforms put in place to prevent a repeat of the 2008 financial...
Bank acquisitions and mergers announced in Texas, Tennessee, Massachusetts, California and Pennsylvania.
Home prices increased 3.9% in February compared to the same month a year ago, down from a 4.1% rise the previous month, according to the S&P CoreLogic Case-Shiller Index.
