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Market Rally Inspired by Bank Earnings

Market Rally Inspired by Bank Earnings

The markets have spiked from Friday through Tuesday
Branch business: US Bank, MUFG sell branches to HomeStreet

Branch business: US Bank, MUFG sell branches to HomeStreet

Plus: New branch for Mid Penn Bank and private client office for Signature Bank
Five banned for CARES Act fraud

Five banned for CARES Act fraud

The individuals fraudulently claimed more than $356,000 in emergency assistance loans designed for small businesses
Impact investing crosses $1T mark

Impact investing crosses $1T mark

New data shows continued growth of the global impact investing universe
Sunflower Bank grows leadership team

Sunflower Bank grows leadership team

Plus: New faces at BCB Community Bank, Provident Bank, and Farmers & Merchants
Banks partner to fight fintech disruption: study

Banks partner to fight fintech disruption: study

Commercial payments clients would prefer bank relationships to fintechs, survey finds
Jamie Dimon Still Sees a Potential Economic Hurricane in 2023

Jamie Dimon Still Sees a Potential Economic Hurricane in 2023

While the economy is actually doing quite well, he sees the United States heading into a recession by next year
Banks step up opposition to Credit Card Competition Act

Banks step up opposition to Credit Card Competition Act

Groups including the ABA and ICBA have attacked a plan to attach the credit card bill to a major defense reform bill
OCC eyes inflation, recession impacts in 2023 agenda

OCC eyes inflation, recession impacts in 2023 agenda

Changing credit market conditions are part of the OCC’s focus for the coming year
Regulators to expand on ‘living wills’ for banks

Regulators to expand on ‘living wills’ for banks

More guidance is expected on how large banks should plan for bankruptcy
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