Central banks and other supervisory and regulatory authorities need to “raise their game” both as observers of the effects of artificial intelligence on the economy and as users of the technology, according to a new report by the...
During the third quarter, banks reported tighter lending standards for commercial and industrial loans to firms of all sizes and stronger demand for C&I loans from large and middle-market firms.
Economic activity in the manufacturing sector contracted in October for the eighth consecutive month, the Institute for Supply Management reported.
Economic uncertainty could test U.S. banks’ revenues and profitability in 2026, and many institutions will likely need to make major decisions on stablecoins and artificial intelligence, according to a new report.
The average time for regulators to approve a proposed bank merger fell to four months in 2025, which is the shortest average since 1990, the Financial Times reported.
A federal appeals court ruled that the Federal Reserve is not obligated to grant a master account to a cryptocurrency firm, as the move would “impair the Fed’s ability to safeguard our nation’s financial system.”
