ABI Blog Exchange

2020-07-21
Banking and credit reporting groups say such an agency could politicize the reporting process. Consumer groups say it would offer consumers a necessary alternative.

Read More from: BankThink

2020-07-21
Judy Shelton, President Trump’s contentious pick for an open seat, cleared a key hurdle by winning the approval of a majority on the Senate Banking Committee.

Read More from: BankThink

2020-07-21
Commemorating the law's anniversary, the ex-president, joined by former Sen. Chris Dodd and Rep. Barney Frank, said years of tenacious GOP opposition did little to change the post-crisis regulatory regime.

Read More from: BankThink

2020-07-21
The Dallas bank set aside less in the second quarter for credit losses than analysts expected. Executives cited action in Texas and California to reverse reopenings and said they're still committed to the oil and gas business.

Read More from: BankThink

2020-07-21
The company said the acquisition should lower its funding costs and shore up its net interest margin.

Read More from: BankThink

2020-07-21
Many bankers want to focus more on the forgiveness process, assessing the status of deferrals and pursuing traditional lending opportunities.

Read More from: BankThink

2020-07-21
The Georgia company warned that outstanding loans could fall and deferrals will likely rise as its home state and Florida grapple with the pandemic.

Read More from: BankThink

2020-07-21
Mike Santomassimo is at least the sixth ex-colleague of CEO Charlie Scharf to join the bank’s leadership team in the last nine months.

Read More from: BankThink

2020-07-21
Loans to retailers and hotels are at the highest risk of default, the Salt Lake City company said in its second-quarter earnings presentation.

Read More from: BankThink

2020-07-21
The Federal Reserve, U.S. Mint and financial industry representatives are strongly considering a public call for Americans to deposit their spare change, among other fixes, to get coins circulating again.

Read More from: BankThink

2020-07-21
The Financial Stability Oversight Council’s plan to study the market explains very little about which activities or firms, like Fannie Mae and Freddie Mac, will be designated as systemically important. Here's some clearer guidance.

Read More from: BankThink

2020-07-21
Back when I started in the bankruptcy business in 1980, t

Read More from: Stop Creditor

2020-07-20
The national conversation around systemic racism has compelled large banks to withdraw support from the “disparate impact” proposal. But community banks maintain that the proposed reforms would reduce frivolous claims.

Read More from: BankThink

2020-07-20
The agency's request for information seeks comment on the idea of the FDIC partnering with a standards-setting organization to develop best practices for technology firms, among other things.

Read More from: BankThink

2020-07-20
The New York bank has also joined a steering committee helping to develop a global accounting standard that financial institutions can use to measure their impact on global warming.

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2020-07-20
The OCC is proposing steps for determining which party is the "true lender," which affects how the agency oversees such arrangements.

Read More from: BankThink

2020-07-20
The Pennsylvania bank incurred $2.3 million in expenses in second quarter after winding down unit BMT Investment Advisers.

Read More from: BankThink