Facing rising household costs, a looming recession and record levels of debt, 59% of U.S. bank customers expect help to improve their financial health, but most feel that banks aren’t delivering, according to a recent survey.
U.S. banks extended $179 billion in farm loans in 2021, of which $99.6 billion came from farm banks that specialize in the ag space.
The OCC announced several key changes to its executive committee membership.
New single-family home sales rose to a seasonally adjusted annual rate of 696,000 in May,…
Large banks continued to maintain strong capital levels under a hypothetical severe global recession and substantial stress in commercial real estate and corporate debt markets, according to the results of Dodd-Frank Act-mandated stress tests, the Federal Reserve said yesterday.
This year’s spring report presents data in five main areas: operations, bank performance, special topics, trends in key risks and supervisory actions.
As ESG guidance and disclosures from regulators proliferate, banks must remain free to lend to, invest in and do business without government interference, ABA and the 51 state bankers associations wrote today in a letter to financial regulators.
The rule updates the Fair Credit Reporting Act’s implementing regulation to ensure it meets DBRA’s credit reporting requirements and that survivors’ credit information is reported fairly.
The Treasury Department issued a request for information on steps it could take to improve post-trade data transparency in the Treasury securities market.
While underscoring their full support for consumer data privacy and security, they noted that their members have been subject to “extensive federal privacy and data protection laws” for several decades, and pointed out several provisions of the legislation should be reconsidered.