Quarles: Shadow Banking Vulnerabilities ‘Top of Mind’ Among Regulators
Noting that banks have performed well and been a “source of strength” in the U.S. economy during the coronavirus crisis,...
Newsbytes
Basel Committee Considering Climate Risk Assessment Techniques
The Basel Committee on Banking Supervision is considering the use of stress tests, heat maps and scenario analysis to gauge...
Fed’s Clarida: Pandemic Recession May Be ‘Briefest in U.S. History’
While the pandemic-related recession was by far the deepest one in postwar history, “it also may go into the record...
ABA, Financial Groups Oppose Proposed Payments Charter Changes by OCC
ABA and six other financial trade groups today said they “oppose the OCC’s effort to grant commercial companies like Amazon...
Bankers Nationwide to Observe Get Smart About Credit Day
Bankers across the country will deliver financial education lessons to teens nationwide virtually this year as part of the American...
ABA, KBA Release New Ad Thanking Rep. Barr For PPP Support
The American Bankers Association and the Kentucky Bankers Association released a new voter education ad today thanking Rep. Andy Barr...
Consumer Prices Rise Slightly in September
The Consumer Price Index increased 0.2% in September on a seasonally adjusted basis, according to the U.S. Bureau of Labor...
Small Business Optimism Improves in September
The NFIB Small Business Optimism Index increased 1.4 points in September to 104.0, a historical high. Some owners have reported...
ISDA Formally Launches Protocol for Rate Fallbacks on Derivatives
The International Swaps and Derivatives Association announced today that its framework for reference rate fallbacks will launch on Oct. 23.
Agencies Grant ABA-Requested Exemption for Premium Finance Loans
The federal banking agencies and the Financial Crimes Enforcement Network today announced an exemption from customer identification program rules for...
