IRS Issues Final Rules on Pass-Through Deduction for S-Corp Banks
While generally positive, preliminary analysis of the final pass-through rules suggests mixed results for a few issues of concern to S-corp banks.
Browsing: Wealth Management
Nonbank Backtracks on ‘Checking and Savings’ Account After Outcry
Nonbank fintech company Robinhood, an online brokerage firm, has backtracked on plans to offer what it called a “checking and savings” account that would have paid 3 percent interest with no fees.
Fiduciary Rule, Libor Transition on SEC Agenda for 2019
Completing the Securities and Exchange Commission’s rulemaking on best interest standards for broker-dealers and investment advisers is a “key priority” for 2019, SEC Chairman Jay Clayton said in a speech today.
The Wealth Effect
Community bankers talk talent, strategy and getting to scale in wealth management.
A Financial Caregiver: Chances Are You’ll Be One or You’ll Need One
One in four Americans are caregiving for someone, and nearly two-thirds of those are helping manage someone’s financial affairs.
Podcast: Two Ways to Partner with Fintech Firms
As long as banks have existed, they’ve deployed innovative technology to better serve their customers and improve efficiency. On the latest episode of the ABA Banking Journal Podcast, two leading bankers discuss distinct approaches to partnering with fintech firms today.
Podcast: Key Ingredients of Top Community Bank Performance
On the latest episode of the ABA Banking Journal Podcast, bank CEO and newly minted ABA Chairman Jeff Szyperski talks about the key strategic drivers of success for his $803 million community bank.
Where Jeff Szyperski Knows Your Name
Meet ABA’s 2018-19 chairman.
DOL Proposes Rule to Help Small Businesses Offer Retirement Plans
A new proposal from the Department of Labor today would allow small businesses to band together to offer 401(k) plans to employees like those offered by larger companies.
FS-ISAC Launches Framework to Address Secure Exchanges of Bank, Nonbank Data
As more consumers seek to use various nonbank fintech solutions that depend on bank-based data, the Financial Services Information Sharing and Analysis Center today launched Financial Data Exchange, or FDX, an organization that will facilitate the secure sharing of customers’ data.