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Credit Card Debt Over $1 Trillion Draws Attention from Congress

Credit Card Debt Over $1 Trillion Draws Attention from Congress

Interest rates for credit card holders have climbed to a record high of more than 20%
Mortgage Bankers Association Pleads With Fed to Stop Raising Interest Rates

Mortgage Bankers Association Pleads With Fed to Stop Raising Interest Rates

The group of associations also asked for the Fed not to sell its mortgage securities holdings
Over 100 Organizations Sign Up To Use FedNow

Over 100 Organizations Sign Up To Use FedNow

The US instant payment service has experienced major user growth since its launch
FDIC Votes To Tighten Governance Standards For Large Banks

FDIC Votes To Tighten Governance Standards For Large Banks

The new rules proposed in response to the collapse of several large banks this year
More Americans Are Turning To Banks For Financial Planning

More Americans Are Turning To Banks For Financial Planning

New Ipsos survey shows increasing numbers of Americans are concerned about their finances
Banking Exchange Hosts a Cybersecurity Scene Investigation October 19

Banking Exchange Hosts a Cybersecurity Scene Investigation October 19

You will learn how to better protect your organization, members, data and reputation
10-year Treasury yield Major Concern for Regional Banks

10-year Treasury yield Major Concern for Regional Banks

The ten-year treasury yield has reached 4.8% to levels not seen in 15 years
PNC Buys Former Signature Bank Private Equity Loan Book

PNC Buys Former Signature Bank Private Equity Loan Book

Bank has acquired $16.6 billion in loans from the FDIC nearly seven months after Signature’s collapse
Federal Reserve Publishes Guidance For FedNow RFPs

Federal Reserve Publishes Guidance For FedNow RFPs

Market practices have been released to standardize the implementation of instant payments
Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

Federal Reserve Should Have Scrutinized SVB’s Interest Rate Risk

The office of the Inspector General of the Federal Reserve has published its review of the collapse and made recommendations
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