Rising Rates, Strong Economy Drive Higher Q2 Bank Profits
FDIC-insured banks and savings institutions earned $60.2 billion in the second quarter, a 25.1 percent increase from the industry’s earnings...
Economy
CFTC Simplifies Chief Compliance Officer Duties, Annual Report Rules
The Commodity Futures Trading Commission yesterday unanimously adopted rule amendments simplifying its regulations governing chief compliance officer duties and annual...
SEC Amends Disclosure Requirements for Municipal Securities
The Securities and Exchange Commission today adopted amendments regarding disclosure requirements for direct loans and purchases in the secondary municipal...
Senators Urge Further Regulatory Tailoring for Banks Over $100B
In a letter to Federal Reserve Vice Chairman for Supervision Randal Quarles today, six Republican senators called on the Fed...
Past Performance, No Guarantee
Four ways to measure the performance of your investment management team.
Florida Bankers CEO: Time to Eliminate Large Credit Union Tax Exemption
Congress should act to eliminate the “outdated and abusive tax loophole” for large credit unions, wrote Florida Bankers Association President...
