Fed: Banks Entered Coronavirus Pandemic in Strong Condition
The nation’s banks “entered the current crisis well positioned to support continued lending” during the pandemic, the Federal Reserve said ...
Tag: Coronavirus
Banking in the Time of Coronavirus
As we fight back against this global pandemic, America’s banks are in the corner of our customers, business clients, employees ...
ABA Urgently Calls for PPP Loan Forgiveness Guidance
ABA today urged the Treasury Department and Small Business Administration to issue, as soon as possible, “clear, bright-line guidance” on ...
New EEOC Guidance Addresses Return to Work for Employees with Preexisting Medical Conditions
The Equal Employment Opportunity Commission this week issued additional guidance clarifying how employers should handle employees returning to the workplace ...
Agencies Extend Resolution Plan Deadlines for Certain Firms
As banks continue to address the immediate challenges of the COVID-19 pandemic, the Federal Reserve and the FDIC today announced ...
CFPB Compliance Aid Clarifies ECOA Notification Obligations for PPP Loans
The Consumer Financial Protection Bureau today published a compliance aid to provide additional clarity regarding banks’ obligations under the Equal ...
Restructuring Your Investment Department for the New Normal
Banks can learn from the virtual experiences of their customers amid COVID-19 and integrate new technology into their service offerings, ...
IRS Updates FAQs to Address Payments to Deceased, Other Non-Eligible Recipients
The IRS has updated its FAQs on the CARES Act economic impact payments to reflect that the deceased (as well ...
SBA: Paycheck Protection Program Round Two Lending Tops $181B
As of 5 p.m. tonight, a total of 2.38 million Paycheck Protection Program loans had been made in the second ...
Agencies Provide Relief for Banks Participating in PPP, Money Market Liquidity Facilities
To facilitate banks’ participation in the Paycheck Protection Program Liquidity Facility and the Money Market Mutual Fund Liquidity Facility, the ...
