OCC to Grant Federal Charters to Fintech Firms
The OCC “will move forward” with plans to provide special-purpose national bank charters to financial technology firms, Comptroller of the...
Commercial Lending
Banks’ Net Income Rises Strongly in Third Quarter
FDIC-insured banks and savings institutions earned $45.6 billion in the third quarter, up 12.9 percent from the industry’s earnings a...
Fed Survey: CRE Loan Standards Tighten; C&I Holds Steady
Bankers continued tightening credit for commercial real estate loans in the last three months while holding steady on other business...
How Banks Drive Growth in American Manufacturing
Banks of all sizes fuel advanced manufacturing innovation, growth and jobs.
Survey: Small Biz Investment on the Rise in 2016
An overwhelming majority -- 87.5 percent -- of small business owners say they’re investing more in their business in this...
Agencies Issue Report and Propose Action to Limit Bank Activities
The Federal Reserve, FDIC and OCC today issued a long-awaited report mandated by Section 620 of the Dodd-Frank Act in...
Bank Enterprise Award Changes to Incentivize Consumer Loans
Expressing concern that lenders participating in the Treasury Department’s Bank Enterprise Awards for distressed community financing are “disproportionately incentivized” to...
SBA Proposal Would Streamline Business Loan Programs
The Small Business Administration is issuing a proposed rule amending several regulations relating to the 7(a) and 504 loan programs...
