Agencies Finalize Changes to Supplementary Leverage Ratio
The Federal Reserve, FDIC and the OCC have finalized changes to the supplementary leverage ratio calculation under the regulatory capital...
Newsbytes
NCUA Proposals Would Allow CUs to Issue Sub-Debt, Facilitate Bank Purchases
The National Credit Union Administration today issued two proposals with significant and troublesome implications for taxpayers.
FTC Finds Impostor Scams Among Top Frauds in 2019
Impostor scams—in which scammers pose as representatives from the government or a well-known business, romantic interests or family members—were the...
TCH Raises RTP Network Transaction Limit to $100,000
The Clearing House today announced an increase in the general transaction value limit for payments made on the Real-Time Payments...
Stewart Op-Ed Highlights ‘Disturbing’ Trend of Credit Unions Buying Banks
In an American Banker op-ed today, American Bankers Association Chair Laurie Stewart called attention to the “disturbing trend” of large,...
ABA Joins Banks, State Associations as Investor in Fintech Venture Fund
As part of an effort to accelerate financial-sector innovation and incubate fintech startups that are well-equipped to partner with banks,...
ABA Supports Proposed Changes to Remittance Rule
In a joint comment letter with the Clearing House and the Consumer Bankers Association yesterday, the American Bankers Association and...
House Members Caution Crapo on Changes to Cannabis Bill
The four bipartisan lead sponsors of the SAFE Banking Act—passed by the House last fall—yesterday wrote to Senate Banking Chairman...
Existing Home Sales Increase in December
Existing-home sales increased by 3.6% from November to a seasonally adjusted annual rate of 5.54 million in December, according to...
ARRC Seeks Feedback on Spread Adjustment Methodologies for Libor Transition
To help minimize any expected changes in the value of financial contracts that might result from a sudden reference rate...
