Economy

The federal banking agencies today announced an increase to the aggregate loan commitment threshold for inclusion in the Shared National...

Basel Committee Announces Technical Change to NSFR

The Basel Committee on Banking Supervision today proposed technical changes to its framework for the Net Stable Funding Ratio, a...

Washington Bank to Hike Wages, Invest in Tech after Tax Reform Passage

Seattle-based Washington Federal has announced that it will increase wages for certain employees, make investments in technology and increase its...

Third Quarter GDP Downwardly Revised from 3.3% to 3.1%

Banks Announce Wage Hikes, Charitable Contributions after Tax Reform Bill Passes

As the tax bill successfully passed Congress today, several companies—including banks of all sizes—announced plans to increase employee compensation and...

ABA Recommends Changes to Agencies’ Regulatory Capital Simplification Proposal

ABA today offered feedback to the federal banking agencies on a recent proposed rule that would simplify the complex Basel...

Landmark Tax Reform Bill Clears Final Vote; Enactment Could Happen in 2018

The tax reform bill cleared its final procedural hurdle today as the House voted again to approve the measure, marking...

Existing-Home Sales Surge to 11-Year High

Agencies Find No Deficiencies in Largest Banks’ ‘Living Wills’

December 19, 2017

The Federal Reserve and FDIC today determined that the nation’s eight largest banks did not have “deficiencies” in their July...

House Passes Bill Ending Arbitrary $50B Threshold for SIFI Status