The Conference Board Consumer Confidence Index Declines
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| Said Lynn Franco, director of economic indicators at The Conference Board: "Consumers' expectations retreated sharply in December resulting in a decline in the overall Index. The sudden turnaround in expectations was most likely caused by uncertainty surrounding the oncoming fiscal cliff. A similar decline in expectations was experienced in August of 2011 during the debt ceiling discussions." Read more>> |
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Cornerstone Research: Pace of FDIC Lawsuit Filings Increases in Q4 2012
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FDIC litigation activity associated with failed financial institutions has increased markedly in the fourth quarter of 2012, after a lull during the second and third quarters of the year, according to a report by Cornerstone Research. As of Dec. 7, the FDIC has filed 23 lawsuits in 2012 - compared with 16 in 2011 and two in 2010. Read more>> |
Agencies Release Annual CRA Asset-Size Threshold Adjustments for Small and Intermediate Small Institutions
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| The federal bank regulatory agencies have announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act regulations. Read more>> |
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OCC Highlights Risks Facing National Banks and Federal Savings Associations
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Key issues facing national banks and federal savings associations continue to involve the potential for banks to take excessive risk in an effort to improve profitability, revenue challenges from a slow economy and financial market volatility, and lingering effects of real estate lending. The Office of the Comptroller of the Currency's Semiannual Risk Perspective for fall 2012 provided additional details on these risks facing the banking industry. Read more>> |
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Staying Up-To-Date with BSA & OFAC: Training for the Frontline
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