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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
OneSpan, one of the leaders in Financial Technology, released its 2021 Security and Fintech Predictions
US banks should brace for a rapid increase in delinquencies and charge-offs, according to the research
The ABA survey also found bank branch visits now only being used by 10% of respondents
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