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This ABA Banking Journal newsletter is a free, twice-monthly supplement to the ABA Banking Journal magazine intended to help you stay on top of industry and policy news.
You can also stay abreast of banking news by visiting aba.com/BankingJournal, home to ABA Daily Newsbytes and other email bulletins.
For many compliance professionals, manual processes are not adequate to stay current. Consider the judicious use of artificial intelligence to automate key elements of your compliance program management processes.
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Mergers create opportunities, but they also represent change, which can be unsettling if not communicated transparently and effectively.
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A record-breaking bull market, GDP growth at an annualized rate of 6.4 percent in the first quarter of 2021, a red-hot housing market, and a full recovery in corporate bond markets, all stand in sharp contrast from the conditions of just one year prior.
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The post-COVID economy is snapping back in a big way — but are small businesses prepared to capitalize on the recovery?
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The FDIC announced a competition today for companies to explore new technologies for banks to meet the needs of unbanked individuals.
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Risks to the economic outlook remain even as progress on vaccinations will likely continue to reduce the effects of the coronavirus pandemic, the Federal Open Market Committee said, adding that the path of the economy will significantly depend on the course of the virus.
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Acting Comptroller of the Currency Michael Hsu told attendees at a CFPB roundtable that banks are being held accountable when they rely on housing appraisals that are discriminatory.
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In the Federal Housing Finance Agency’s annual report to Congress, the agency requested the authority to examine third-party service providers to identify practices that could pose safety and soundness risks to Fannie Mae and Freddie Mac.
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The FDIC proposed changes to its guidelines for real estate lending policies in order to align standards with the community bank leverage ratio, which does not require electing institutions to calculate tier 2 capital or total capital.
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The FDIC board voted not to raise deposit insurance assessments on banks in order to recapitalize its insurance fund.
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The Bank for International Settlements released a working paper to discuss the range of central bank digital currencies, including addressing their architectures, how they could complement existing payment options and what they imply for the financial system and central banks in the future.
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ABA’s position that troubled debt restructurings are outdated and unnecessary is gaining steam, demonstrated by the recent roundtable on current expected credit losses held by the Federal Accounting Standards Board last month.
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