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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 stories, digital exclusives, the ABA Banking Journal Podcast and more.
A recent book on the failure of Silicon Valley Bank devotes a chapter to the role of the Federal Home Loan Bank of San Francisco, rebutting erroneous claims about the FHLBs and the failure of Silicon Valley Bank.
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The most common theme to banking disputes and litigation, in both the commercial and consumer context, is that the parties often fail to adequately communicate with each other.
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The global economic recovery is losing momentum, and the effects of rising interest rates in major economies are increasingly being felt, said Klass Knot, the chair of the Financial Stability Board.
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The competition for customer deposits is going to continue to rise in the next few years and a dedicated retention strategy built around delivering the best customer experience will be needed.
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Now is the time to prepare, as tougher regulatory scrutiny of capital levels is coming.
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Homeowner equity in the U.S. remains high and the percentage of homeowners with negative equity is at its lowest level in a decade, according to a new analysis by FHFA.
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Banking regulators unveiled a proposed long-term debt requirement for banks with more than $100 billion in assets, as well as new resolution plan requirements.
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The Treasury Department and IRS released proposed regulations on the sale and exchange of digital assets by brokers as part of an effort to crack down on alleged tax cheats.
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A proposal to expand the requirements for auditors to identify, evaluate and communicate all company violations of laws and regulations is in direct conflict with existing rules, and it risks undermining audit quality and independence, two House Republican chairmen said.
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The FDIC could improve the effectiveness of its processes to ensure that financial institutions receive actionable and relevant information about threats and vulnerabilities resulting from cyberattacks, financial crimes and natural disasters, the agency’s Office of Inspector General said in a new report.
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The National Institute for Standards and Technology published draft post-quantum cryptography standards that are designed as a global framework to help organizations protect themselves from future quantum-enabled cyberattacks.
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While inflation has moved down from its peak, it remains too high and the Federal Open Market Committee is prepared to raise the federal funds rate further if necessary, Federal Reserve Chairman Jerome Powell said.
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