New York Fed: Short-term inflation expectations rose in September
Consumer inflation expectations in September increased at the short- and longer-term horizons and were unchanged at the medium-term horizon, according...
Newsbytes
Bank acquisitions announced in Texas, Oklahoma
Fifth Third Bancorp agrees to buy Comerica, proposed acquisitions also announced of banks in Oklahoma and Texas.
FDIC proposes defining unsafe and unsound practices, removing reputational risk
The FDIC board voted to advance two proposed rules to formally define “unsafe and unsound practices” and to remove reputational...
Survey: Net interest margins, cybersecurity top risks facing community banks
Net interest margins are the most important external risk facing community banks, according to the Conference of State Bank Supervisors’...
OCC to ease examination, licensing requirements for community banks
The OCC announced several actions to reduce the regulatory burden on community banks by tailoring the frequency and scope of...
Treasury Department creates position of IRS CEO
The Treasury Department announced the creation of the new position of IRS chief executive officer and tapped current Social Security...
FinCEN seeks public input on Section 314(a) reporting burden
FinCEN is seeking public comment on the reporting burden under its Section 314(a) regulations, which require financial institutions to search...
New York Fed study examines media role in 2023 bank failures
A new study of investor behavior during the 2023 bank runs found that news coverage was at least as important...
ABA DataBank: Americans moving less within the same county
Overall residential mobility has declined in response to reduced home affordability, with the share of the population moving each year...
ISM: Service sector remained unchanged in September
Economic activity in the services sector was unchanged in September. A Services PMI reading of 50% was at the breakeven point between...
