The Federal Reserve is seeking public comment on an updated policy statement regarding accommodations and workouts for commercial real estate loans whose borrowers are experiencing financial difficulty.
ABA President and CEO Rob Nichols last week joined Texas Bankers Association Chairman Ford Sasser and CEO Chris Furlow on a listening tour through Texas to hear from bank leaders and discuss the critical role banks of all sizes play in supporting the state’s energy sector.
FDIC examiners will increase their focus on commercial real estate concentration in the upcoming exam cycle as economic pressures and changes in work and commerce habits elevate CRE lending risk, according to the most recent issue of the agency’s Supervisory Insights published yesterday.
Lending standards for business loans tightened during the second quarter of 2022, according to the Federal Reserve’s senior loan officer opinion survey released today.
After spending more than a quarter century in de novo commercial banks, Dave Hanrahan made a career move to a mutual savings bank, and he hasn’t looked back.
The Alternative Reference Rates Committee today released a playbook to help support the transition away from legacy Libor cash products.
Banks of all sizes expand their partnerships—on training, recruiting and mentoring—with HBCUs to open opportunity and enhance diversity.
As ESG guidance and disclosures from regulators proliferate, banks must remain free to lend to, invest in and do business without government interference, ABA and the 51 state bankers associations wrote today in a letter to financial regulators.
The Alternative Reference Rates Committee today issued recommendations for contracts linked to U.S. dollar Libor Intercontinental Exchange Swap Rates. These recommendations include a suggested fallback formula that can be used for USD Libor ISR fixings after three-month USD Libor has been discontinued or becomes non-representative.
The U.S. Small Business Administration failed to provide lenders with “sufficient, specific guidance to effectively identify, track, address and resolve potentially fraudulent [Paycheck Protection Program] loans,” a new report by the SBA Office of the Inspector General found.