Basel Committee Makes Changes to Treatment of Client Cleared Derivatives
The Basel Committee today announced that it will revise the leverage ratio treatment of client cleared derivatives to align it...
Economy
Consumer Confidence Declines in June
The Conference Board Consumer Confidence Index decreased 9.8 points to 121.5 in June. The Present Situation Index fell by 8.1...
Powell: FOMC to Take Measured Approach Amid Rising Economic Uncertainty
With economic uncertainties mounting—including concerns over trade policy and slowing global growth—Federal Reserve Chairman Jerome Powell today cautioned that “monetary...
Large Banks Are Well-Capitalized, Dodd-Frank Act Stress Tests Show
The largest U.S. banks collectively showed that they can withstand a severe economic downturn and continued to improve their capital...
Fed to Maintain Interest Rates but Signals Shift in Sentiment
The Federal Open Market Committee announced yesterday that it would maintain the target range for the federal funds rate at...
Podcast: A $4 Billion Bank’s Nationwide Affordable Housing Strategy
As banks across the country mark American Housing Month in June, the ABA Banking Journal Podcast sat down with Michael...
Housing Starts Increased in May
Housing starts increased to a seasonally adjusted annual rate of 1.294 million in May, according to the U.S. Department of...
Home Builder Confidence Dips Slightly but Still Strong in June
The National Association of Home Builders/Wells Fargo Housing Market Index fell to 64 in June, up two points from May,...
