Commercial banks reported total trading revenue of $6.9 billion in the second quarter of 2018, down 16.2 percent from the first quarter of 2018, according to the OCC’s Quarterly Report on Bank Trading and Derivatives Activities today. That figure was up 3.5 percent year-on-year. The net current credit exposure decreased 0.1 percent to $361.7 billion, the report said.
The U.S. Attorney’s Office for the Western District of Texas “is on alert” for fraudsters seeking to exploit individuals and businesses following the recent deadly floods in Texas, according to the U.S. Department of Justice.
Business First Bancshares in Baton Rouge, Louisiana, has agreed to buy Progressive Bancorp in Monroe.
Consumer inflation expectations in June ticked down at the short-term horizon but remained flat at the medium- and longer-term horizons, according to the most recent Survey of Consumer Expectations.
The Federal Financial Institutions Examination Council recently published data on 2024 mortgage lending transactions reported under the Home Mortgage Disclosure Act by 4,908 U.S. financial institutions.
President Trump last week signed a budget bill that included the largest expansions to Health Savings Accounts since they were created in 2003.
The Small Business Optimism Index declined by 0.2 of a point in June to 98.6, slightly above the 51-year average of 98. Of the 10 Optimism Index components, four increased, four decreased, and two remained unchanged.
