ABI Blog Exchange

The JPMorgan Chase CEO's total compensation went unchanged at $31.5 million for his work in 2020, a year in which a global pandemic roiled the economy and caused banks to set aside billions to cover future bad loans.

Consumer banking may do better this year, while the investment banking boom is unlikely to repeat; several prominent investors likely took losses betting on Fannie, Freddie privatization.

The new administration is wasting no time assembling a team of regulatory appointees and urging agencies to pause pending rules.

The bank's nonaccrual loans have been soaring as the pandemic continues to roil the hospitality sector. M&T executives said they've been working with borrowers to keep them out of foreclosure.

Greg Carmichael said lightly regulated challenger banks pose a long-term threat to traditional banks, echoing comments JPMorgan Chase’s Jamie Dimon made last week.

Liang, a senior fellow at the Brookings Institution, would take a position that has been vacant since 2014.

Sandy Spring Bancorp also plans to shrink its network as more customers move to digital channels.

The fast-growing buy now/pay later industry is drawing scrutiny from legislators and regulators who fear it could become predatory.

The timeless questions asked by mankind include “why are we here“, “which came first...” and “coffee or tea“. Bankruptcy lawyers wrestle with  “which controls, b-22 or Schedules I and J“.