The American Bankers Association today announced the recipients of its ABA Under 40 in Wealth Management Awards. The awards recognize wealth management and fiduciary professionals who are committed to the highest standards of achievement at work and in their communities.
Policymakers should explore ways to increase bank participation in traditional banking activities that have been pushed to “shadow banks” because of regulation, Fed Governor Michelle Bowman said today.
Construction spending during October 2022 was estimated at a seasonally adjusted annual rate of $1,794.9…
The ISM Manufacturing Index registered 49% in November; 1.2 points lower than October’s reading of…
The OCC released its 2023 assessment schedule, noting that it would reduce the rates in the general assessment fee schedule and maintain assessment rates from 2022 for the independent trust and independent credit card fee schedules.
FDIC-insured banks and savings associations earned $71.7 billion in the third quarter of 2022, a 3.2% increase from the same period last year, according to the FDIC’s most recent Quarterly Banking Profile released today.
The American Bankers Association along with 17 associations and businesses today sent a joint letter to the IRS requesting that the agency make permanent the temporary relief from the physical presence requirement for spousal consent granted during the early days of the pandemic.
Real GDP increased at a seasonally adjusted annual rate of 2.9% during the third quarter…
The non-farm private sector gained 127,000 jobs in November, according to the ADP National Employment…
The most recent FDIC Quarterly Banking Profile will show that banks’ unrealized losses have increased since the last quarterly report, when they stood at $470 billion, FDIC Acting Chairman Martin Gruenberg said today during his confirmation hearing before the Senate Banking Committee.