The Small Business Administration has issued a final rule implementing ABA-supported legislation to strengthen the agency’s oversight of its loan programs and increase its maximum lending authority.
Regions Financial Corporation CEO John Turner discusses how the bank is positioning itself to thrive and grow in the future—with both talent and technology.
In navigating sweeping changes, farm business IQ is the common denominator for producer success. And that’s an opportunity for ag bankers to team up with customers as their trusted advisers.
The Federal Reserve Bank of New York today published its final calculation methodology for determining the daily compounded averages of the Secured Overnight Financing Rate, as well as the daily SOFR index that will allow users to calculate average rates over customer time periods.
With $1.57 billion in assets, HAB Bank isn’t big — but it’s a community bank with global reach. The New York-based institution provides correspondent banking services for 140 banks in 20 countries, primarily in South Asia and East Asia. Saleem Iqbal discusses how HAB Bank competes in this global marketplace.
Bankers left commercial and industrial lending standards mostly unchanged amid weakening demand in the fourth quarter of 2019, according to the Federal Reserve’s senior loan officer survey released today.
The share of low-rated commitments in the Shared National Credit portfolio rose slightly between 2018 and 2019, according to the SNC Review released today.
To help minimize any expected changes in the value of financial contracts that might result from a sudden reference rate shift, the Alternative Reference Rates Committee today sought public feedback on methodologies for calculating spread adjustments on financial products that reference the London Interbank Offered Rate.
Minority-owned businesses were more likely to report financial challenges compared to white-owned businesses, according to a study released today by the Federal Reserve Bank of Atlanta.
While the economic outlook in the near term remains positive, persistently low interest rates and continued economic growth could encourage investors to take chase yield by taking on more risk, Federal Reserve Bank of Boston President and CEO Eric Rosengren cautioned today.