ABA: Proposed accounting standards place undue burden on banks
A proposal by the Financial Accounting Standards Board to require more detailed information about expenses in public companies’ financial statements...
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ABA, BPI urge federal coordination in cybersecurity regulation
Regulators should coordinate with each other to lessen the effect of overlapping requirements as they consider harmonizing federal regulations governing...
Old National to buy CapStar in Tennessee
Old National Bank in Evansville, Indiana, has agreed to buy CapStar Financial Holdings in Nashville.
J.D. Power: Financial health of bank customers declined in September
The overall financial health of bank customers hit its lowest level in nearly a year in September, according to J.D....
Biden directs federal agencies to consider new regulation of AI
President Biden issued a sweeping executive order directing federal agencies to review and possibly draft new rules governing the use...
ABA Data Bank: Volatility shifts signal persistent headwinds for rates markets
Since the Federal Reserve began raising interest rates in early 2022, implied volatility in the Treasury bond market has settled...
ABA voices concern about possible beneficial ownership reporting gaps
ABA supports the Financial Crimes Enforcement Network's “revised approach” to collecting beneficial ownership information, but the revised reporting form still...
Small-business owner bank satisfaction grows
Small-business owners are more satisfied with the services they receive from their banks than they were a year ago, according...
Texas court expands 1071 injunction to cover all banks
A Texas court expanded a preliminary injunction on enforcement of the CFPB’s Section 1071 small business data collection rule to...
Study: AI-generated phishing emails almost as effective as humans
Phishing emails written by humans trick users into clicking malicious links at a greater rate than emails written by artificial...
