The OCC today updated its Comptroller’s Handbook guidance on trade finance and services, consolidating three previous booklets issued in 1994, 1998 and 1999. The new booklet covers exam procedures, types of trade finance products OCC-supervised banks may offer and risks associated with trade finance and services.
FOMC sees ‘lack of further progress’ in reducing inflation
Citing a “lack of further progress” in recent months in dialing back inflation, the FOMC announced that it will maintain...