New orders for durable goods rise in March

This month's retail sales report highlights the continued resilience of consumers despite inflationary pressures weighing on purchasing power.

ABA announced that Rebecca “Becky” Schauer Robertson at Blue Ridge Bank and Karen Boyer at M&T Bank have received the ABA Distinguished Service Awards for Anti-Money Laundering/Combating the Financing of Terrorism and Fraud Management, respectively.

The OCC placed much of the blame on “inexact” reputational risk policies: “This practice infused the value judgments of stakeholders into banks’ business decisions."

The Illinois Attorney General’s Office plans to appeal a court injunction preventing the state from enforcing the Illinois Fee Prohibition Act against certain financial institutions, according to a court filing.

The ABA Office of the Chief Economist believes that the hot CPI reading in September shows no alleviation of the affordability pressures households face. This could be a headwind for loan demand, particularly for interest rate sensitive products such as...

U.S. District Attorney for D.C. Jeanine Pirro urged bankers to be “proactive” and work closely with law enforcement to fight the growing problem of financial fraud and scams orchestrated by transnational criminal organizations.