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This ABA Banking Journal newsletter is a free, twice-monthly supplement to the ABA Banking Journal magazine intended to help you stay on top of industry and policy news.
You can also stay abreast of banking news by visiting aba.com/BankingJournal, home to ABA Daily Newsbytes stories, digital exclusives, the ABA Banking Journal Podcast and more.
A recent Office of Financial Research brief perpetuates a false—and dangerous—narrative about community bank CRE exposures.
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At the midpoint of the year, what’s the M&A outlook like for community banks? On this episode of the ABA Banking Journal Podcast, ABA Banking Journal Contributing Editor Paul Davis discusses what he’s seeing with mergers and acquisitions and what to expect for the remainder of 2024.
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Banks find new ways to incorporate video-based marketing strategies to drive business growth, brand differentiation and customer satisfaction.
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Creating a board that is high-functioning and enhances the bank’s service to the community, its success and its profitability.
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Banks seeking to hire and retain technologists must think beyond salaries to attract the right talent.
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In approving Freddie Mac’s second-lien purchase program, FHFA shows that memories are short and hard lessons don’t stay learned.
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Banks are only one contributor to the overall safety and security of the payments ecosystem and cannot single-handedly prevent criminals from defrauding consumers or financial institutions, the ABA and three bankers associations said in a joint statement to lawmakers.
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The ABA and three financial trade associations today urged the White House Office of Management and Budget to publish key information about agencies’ proposed surveys in time for the public to provide fulsome feedback.
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In a new report, a bipartisan working group formed by the House Financial Services Committee said the committee should “play a leading role” in overseeing the adoption of artificial intelligence technologies in the financial services and housing sectors.
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Recent incidents have shown that nonbank entities can create or amplify risk throughout the global financial system, but the pace of agreed-upon reforms has been “uneven” across nations “and we may already be losing momentum,” Klaas Knot, chair of the Financial Stability Board, said in a letter to G20 finance members and central bank governors.
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Four federal agencies today proposed a joint rule that would align each agency’s Bank Secrecy Act compliance program requirements with proposed anti-money laundering and countering the financing of terrorism requirements proposed by the Financial Crimes Enforcement Network.
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State laws that require banks to provide services to certain customers may inhibit bank’s ability to comply with federally required anti-money laundering/countering the financing of terrorism laws and sanctions, the U.S. Treasury Department said in a letter to lawmakers.
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