Rate Transition Panel Releases User’s Guide to SOFR
The Alternative Reference Rates Committee today issued “A User’s Guide to SOFR,” a handbook to help market participants understand the...
Newsbytes
Existing Home Sales Retreat in March
Existing-home sales dropped following February's rebound by 4.9 percent to a seasonally adjusted annual rate of 5.21 million in March,...
Banking Leaders Discuss Industry Challenges at Recent Meeting
At a recent meeting in Bristol, Va., several banking industry leaders offered their thoughts on a wide range of issues...
NCUA Planning More ‘Flexibility’ in Credit Union Executive Compensation Plans
The National Credit Union Administration last week requested public feedback on ways it can change its regulations on loan-based compensation...
ABA Data Bank: Banks Improve Wait Times, Application Process for Small Businesses
Read more about the 2018 Small Business Credit Survey.
Agencies Seek Comment on Changes to Supplementary Leverage Ratio
The Federal Reserve, FDIC and OCC are seeking comments on a joint proposal making changes to the supplementary leverage ratio...
IRS Issues Second Round of Proposed Regulations on Opportunity Zones
The Internal Revenue Service today issued a highly anticipated package of proposed regulations on the Opportunity Zone tax incentive.
Industrial Production Edged Down 0.1 percent in March
Industrial production increased 0.1 percent in March after edging up 0.1 percent in February; for the first quarter as a...
CFPB’s Kraninger Signals Next Steps on Clarifying ‘Abusive’ Standard in UDAAP
The Consumer Financial Protection Bureau will take the next step in its effort to clarify the meaning of “abusive acts...
Survey: Small Business Financing Demand Picks Up; Success Rates Hold Steady
Small businesses’ profitability and their success applying for financing held steady from 2017 to 2018, according to the latest Small...
