ABA urges House lawmakers to support resolution to overturn 1071 rule
In a letter to House leaders, ABA urged lawmakers to approve a Senate joint resolution to overturn the CFPB's final...
Newsbytes
Basel Committee seeks comment on climate risk disclosure framework
As part of its ongoing work to address climate-related financial risks to the global banking system, the Basel Committee on...
ABA urges caution on proposed sustainability auditing standards
Citing the nascent state of climate reporting and the resulting confusion by stakeholders of internal control requirements, ABA urged the...
Lawmakers press CFPB’s Chopra on credit card fee caps, small-business reporting
CFPB Director Rohit Chopra appeared before the House Financial Services Committee for the first of two congressional oversight hearings, during...
Quarterly Banking Profile: Banking net income declined in Q3
FDIC-insured banks and savings institutions earned $68.4 billion in the third quarter of 2023, a decline of $2.4 billion from...
FinCEN expands BOI reporting timeframe for companies created in 2024 amid educational push
As part of its effort to facilitate compliance with new beneficial ownership information reporting requirements, the Financial Crimes Enforcement Network...
Regulators: Banks need strong due diligence in third-party relationships
Federal regulators are seeing banks enter a growing number of third-party relationships to provide technology services, so it is important...
Third quarter GDP (Second Estimate) increases 5.2%
Real GDP grew at an annual rate of 5.2% in the third quarter of 2023, according to the “second” estimate...
Rowland receives ABA Distinguished Service Award for Financial Crimes
ABA announced that Sepideh Rowland, senior managing director with FTI Consulting, has been recognized with this year’s ABA Distinguished Service...
First Busey to buy M&M Bank in Illinois
The $12.3 billion-asset First Busey in Champaign, Illinois, said in a press release that it will pay $41.6 million in...
