Compliance

The senate and assembly have passed a bill requiring improvements to loan cost transparency for online lenders

EU and UK banks could be in a far worse position than their US peers following the COVID-19 pandemic, research has shown

Planned new rule will address legal uncertainty regarding which entity owns a loan that it sold by a bank to a third party

Investors have shied away from bank stocks despite multiple stress tests showing the sector to be performing well amid the pandemic

The bank has put all the fees it generated from the PPP into the pandemic recovery fund

The new comptroller has warned banks not to use the coronavirus pandemic as a cover for cutting services

On July 4, President Trump signed S. 4116 extending the deadline for applying for a loan under the Paycheck Protection Program (PPP) from June 30 to August 8, 2020

Senators are debating a further, more targeted version of the successful Paycheck Protection Program

Small and medium-sized banks have raised tens of millions of dollars through debt issuance while interest rates are low

The US Senate has passed a bill extending the Paycheck Protection Program until August 8