ABA, BPI: Proposed capital standards pose significant costs to U.S. economy
The Basel III endgame capital proposal would impose significant costs on the U.S. economy, ranging from small business loans to...
Newsbytes
ABA urges agencies to reconsider proposed long-term debt requirement
Banking regulators should drop a proposal for a long-term debt requirement for banks with more than $100 billion and instead...
Fed’s Waller: Proposed capital standards should be pulled
The proposed Basel III endgame capital standards should be pulled and reintroduced after several problems are fixed, Federal Reserve Governor...
FirstSun to buy HomeStreet; Forward Bank to buy Lake City
FirstSun Capital Bancorp in Denver has agreed to buy HomeStreet in Seattle. Forward Bank in Marshfield, Wisconsin, has agreed to...
CFPB warns of impostor scams using agency employee names
The CFPB warned that scammers are using the names of agency employees to try to defraud the public.
New York Fed: Growth in household spending eased in December
Monthly growth in household spending continued to slow in December 2023, although overall spending growth remained well above pre-pandemic levels,...
CFE Fund: Interchange fees ‘relevant component’ for Bank On sustainability
Interchange fees are “a relevant component” for helping make Bank On accounts economically sustainable for participating financial institutions, the Cities...
ABA, CBA recommend changes to proposal to ease bank hiring restrictions
In a joint letter, ABA and the Consumer Bankers Association said that while they support proposed FDIC rulemaking to ease...
Producer price index decreased 0.1% in December
The Producer Price Index for final demand fell 0.1% in December, seasonally adjusted, the U.S. Bureau of Labor Statistics reported....
Senators call for agency review of Navy Federal Credit Union
Senate Banking Committee Chairman Sherrod Brown (D-Ohio) along with nine senators called on the Consumer Financial Protection Bureau and Department...
