Broad Coalition of Business Trade Groups Pan Tax Reporting Proposal
The American Bankers Association today joined a broad coalition of business trade groups in a letter to House and Senate...
Newsbytes
New ABA, Accenture Report Examines State of Digital Lending
With the COVID-19 pandemic driving more consumers to online and mobile banking, banks have to meet rising customer expectations and...
SEC Reopens Comment Period on Rule to ‘Clawback’ Erroneously Awarded Compensation
The Securities and Exchange Commission today said it would reopen the comment period on a previously issued proposal to implement...
Task Force on Climate-Related Financial Disclosures Issues 2021 Status Report
The Financial Stability Board-sponsored Task Force on Climate-related Financial Disclosure issued an update to its 2017 recommendations of disclosure of...
Consumer Delinquencies Decline to Record Low in Second Quarter of 2021
Consumer credit delinquencies fell to a record low in the second quarter of 2021 as the economy continued to rebound,...
ARRC Recommends Slowing Use of Libor to Ease Transition
The Alternative Reference Rates Committee today recommended that all market participants slow their use of Libor over the next six...
Producer Prices Rose 0.5% in September
The Producer Price Index for final demand increased 0.5% in September, seasonally adjusted, the U.S. Bureau of Labor Statistics reported...
DOL Proposes New Set of ESG Investing Rules; Offers Clarity to Fiduciaries
The Department of Labor today issued a proposed rule regarding the environmental, social or governance investing and a fiduciary’s proxy...
FOMC: Asset Purchase Tapering Could Start in November, December
Federal Open Market Committee members said that if they decide to start tapering asset purchases at their next meeting, the...
ABA Honors Ag Banking Leaders with Annual Awards
ABA today announced the recipients of its Bruning and Blanchfield Awards, the association’s premier awards presented for contributions to ag...
