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Federal Reserve data noted the lack of demand for small business loans even while noting that consumer demand is on the increase
Public’s input sought on potential modernization of advertising and signage rules to better reflect how banks operate
At least a quarter of board directors should have technology experience, Accenture recommends
The past year has felt similar to the 2008 economic crisis in many ways.
In speech, Quarles said US bank capital levels increased last year
Research from the Federal Reserve noted profitability and capital positions improved in H2 2020
Global loan loss provisions and foregone revenue due to economic impact of pandemic will climb for the next few years
FICO survey finds lack of confidence in short-term finances, but satisfaction with bank support is high
Consumers will continue to act on the behaviors formed during the pandemic, especially as it relates to digital means of operation and communication
Ongoing stay at home orders and unemployment continue to create financial obstacles for the most vulnerable consumers
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