Browsing: Pandemic

Newsbytes

Financial regulatory reforms implemented since the last crisis, including the Basel III framework, helped the global financial system absorb shocks related to the COVID-19 pandemic, according to a new report released by the Basel, Switzerland-based Financial Stability Board today.

Newsbytes

With time running out before Congress adjourns ahead of the November elections, the American Bankers Association joined nine financial trade associations in a letter urging congressional leaders to immediately pass standalone legislation that would allow for additional funding for the Paycheck Protection Program and streamline the forgiveness process for PPP borrowers.

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