The ABA Stonier Graduate School of Banking recognized 178 graduates on Friday, awarding Stonier diplomas and Wharton leadership certificates.
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In a virtual meeting with Treasury Secretary Janet Yellen today, the American Bankers Association board and Yellen discussed the current state of the economy and the role banks can play in facilitating robust economic growth in both the short term and long term.
American Bankers Association President and CEO Rob Nichols today said that the rapid convergence of banking and technology is important and benefits consumers, but emphasized that “there should be some degree of levelness as it pertains to supervision and consumer protection,” for new market entrants offering bank-like services.
Ending the COVID-19 pandemic and restarting the nation’s economy will be the “overriding” top priorities for the banking industry in the year ahead, as outlined in ABA’s Blueprint for Growth, ABA President and CEO Rob Nichols told attendees at ABA’s virtual Washington Summit.
Jim Rieniets, chair of ABA’s Government Relations Council, brings Music City creativity to bank leadership and financial policy.
In an interview with NPR Marketplace’s Kai Ryssdal Friday, former ABA Chair Laurie Stewart said that additional funding for the Small Business Administration’s Paycheck Protection Program would be appropriate as many small businesses continue to struggle due to the coronavirus and will likely face a very challenging winter.
As he begins his term as chairman of ABA, Jim Edwards said that helping banks lead customers through the pandemic “rises above all else,” but added that ABA has not lost sight of other industry challenges.
During its Unconventional Convention today, the American Bankers Association elected new officers to serve on its board for 2020-2021.
The crisis going on right now is a defining time for many banks, Jim Edwards said in his first speech as the American Bankers Association chairman today.
Outgoing ABA Chair Laurie Stewart praised the work bankers have done in the last six months distributing Paycheck Protection Program loans as the coronavirus spread.