The banking agencies’ Basel capital proposal is an improvement from the 2023 proposal, but changes that eliminate areas of overcapitalization and better align capital charges with risk are needed, ABA and other trade associations said. ABA also joined...
The rate for a 30-year fixed-rate mortgage was 6.47% this week. The rate for a 15-year fixed-rate mortgage was 5.81%.
FinCEN and the federal banking agencies released a proposed joint rule to establish customer identification program requirements for payment stablecoin issuers, as mandated by the Genius Act.
Longer lifespans, accelerating family business transitions and shifting investment preferences are reshaping financial priorities among individuals with at least $3 million in investable assets, according to a new survey by Bank of America.
The pace of bank merger and acquisition announcements slowed during the first half of 2026 despite increased certainty about regulatory approvals, with broader economic uncertainty driving the slowdown, according to a new analysis by PwC.
In his first press conference as Federal Reserve chairman, Kevin Warsh announced he is forming five task forces to study various aspects of monetary policy, from the central bank’s use of data to its handling of the balance...
