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Latest News


Bank of America Ordered to Pay $459 Million in Restitution for Billing Violations

April 9 - The Office of the Comptroller of the Currency has assessed a $25 million penalty against Bank of America, N.A., Charlotte, N.C., and its credit card subsidiary FIA Card Services, N.A.,... >>more


Small Banks Stall in Basel III Progress

April 9 - Although the balance sheets of most banks have improved dramatically over the past few years, larger institutions have progressed in complying with Basel III capital standards much... >>more


ICBA Tells Congress That Community Banks Need Regulatory Relief

April 8 - The Independent Community Bankers of America told members of Congress that community banks nationwide have identified regulatory burden as a top concern in providing credit in their... >>more


St. Louis Fedís Bullard Discusses International Monetary Policy Coordination

April 7 - Federal Reserve Bank of St. Louis President James Bullard addressed the question of whether monetary policy should be better coordinated across countries as part of a recent presentation... >>more


New Mortgage Rules Restrict Credit Availability, Says ABA Survey

April 7 - More than 80 percent of banks expect new mortgage regulations to reduce mortgage credit availability, according to the American Bankers Associationís 21st annual Real Estate Lending Survey.... >>more


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