In a letter to the Financial Accounting Standards Board today, ABA President and CEO Rob Nichols called for more clarity on the proposed Current Expected Credit Loss accounting standard, highlighting several key concerns that must be addressed before the standard can take effect.
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ABA and several other trade associations yesterday expressed concern over the Federal Housing Finance Agency’s proposed collection of information for its National Mortgage Database, which would include detailed data from more than 10 million borrowers.
Delinquencies in closed-end loans rose slightly in the third quarter of 2015 amid slower economic growth, according to the ABA Consumer Credit Delinquency Bulletin released today.
In 2015, ABA’s spokespeople handled 2,305 media inquiries and the association appeared in more than 2,063 stories, according to the ABA Public Relations Year in Review report.
ABA has announced that Claire Shipman, New York Times best-selling author and senior contributor for ABC’s “Good Morning America,” will keynote the Women’s Leadership Forum on March 16 in Washington, D.C.
ABA announced recently that Ben White, Chief Economic Correspondent and Columnist for Politico, has been added to its lineup of keynote speakers for the upcoming Government Relations Summit, held March 14-16 in Washington, D.C.
In an email to ABA member CEOs today, ABA Chairman Dan Blanton highlighted a number of positive changes the industry brought about during 2015, and called on bankers to increase their advocacy efforts in order to become a “more formidable political force” in the coming year.
ABA today applauded the bankers — all of them ABA members — honored by the American Banker newspaper in its “Best in Banking” year-end awards.
In an email to bank CEOs today, ABA’s Rob Nichols expressed his disappointment over the omission of meaningful regulatory relief provisions from the compromise omnibus spending bill that was presented to the House and Senate late last night.
Despite its insistence that it is a “data-driven agency,” the Consumer Financial Protection Bureau has repeatedly failed to live up to appropriate data collection standards, said ABA EVP Wayne Abernathy in testimony before the House Financial Services Subcommittee on Oversight and Investigations today.