Puerto Rico Bank’s TARP Repayment Brings Treasury Profits to $30.7 Billion
The Treasury Department announced today that San Juan, P.R.-based First BanCorp, the largest remaining bank in the Troubled Asset Relief...
Economy
Nichols: Reg Relief is About Helping Customers, Communities
As the banking industry continues to work toward the goal of regulatory relief, ABA President and CEO Rob Nichols today...
Fed Survey: Banks Continue to Tighten on CRE Lending
Bankers continued tightening credit for commercial real estate and certain consumer loans in the first quarter of 2017, while easing...
ABA Seeks Greater Transparency on International Standard Setting Process
In an eighth white paper to the Treasury Department today, ABA called for a reevaluation of the current global regulatory...
Consumers Anticipate Lower Spending, Higher Income Growth
Americans’ expectations for how much more they will spend in the next dropped sharply in April to land at 2.58...
Fannie Mae Reports $2.8B Profit in First Quarter
Fannie Mae today reported a $2.8 billion profit for the first quarter, following earnings of $4.85 billion in the previous...
