FDIC, OCC repeal guidance on leveraged lending
The FDIC and the Office of the Comptroller of the Currency rescinded guidance on leveraged lending issued more than a...
ABA DataBank: Volatility shifts as chances of rate cut increase
Volatility measures began rising in late October after Fed Chair Powell stated that a rate cut in December was not...
Bank economists: Credit outlook improves amid continued softening
While the outlook for credit conditions over the next six months has improved, bank economists expect continued softening in credit...
Personal income increased 0.4% in September
Personal income increased 0.4%, or $94.5 billion, in September, the Commerce Department said. The personal savings rate was 4.7%.
Preliminary: Consumer sentiment increased 2.3 points in December
The University of Michigan Consumer Sentiment Index rose 4.5% in December compared to the month prior, landing at 53.3, according...
Survey: Bankers want to support community well-being in product offerings
While most changes to bank products or services are driven by profitability, the vast majority of bankers said their institutions...
Analysis: Credit card interest rate cap would harm all borrowers
Proposed legislation to cap credit card interest rates at 10% would restrict credit to all borrowers – particularly high-risk and...
Fed seeks public input on potential changes to its check services
The Federal Reserve is seeking public input on potential changes to the check services it provides to banks and credit...
Podcast: The outlook for tech-forward community banking
Jon Sisk and Matt Lujano's banks couldn't be more different at first appearance, but the two community bank leaders share...
G7 paper seeks to align financial sector cyber incident responses across borders
A G7 working group released a set of nonbinding principles to align cyber incident response and recovery approaches for the...
