Executives say capital hikes could impact community banks
Most bank executives think an increase in large bank capital requirements will trickle down to smaller institutions, according to a recent survey. [Continue]
Deposit insurance changes remain elusive following bank failures
Congressional action on deposit insurance remains elusive months after the failures of Silicon Valley Bank, Signature Bank and First Republic Bank. [Continue]
Economic growth continues, slows from last month
The regional economy continues to grow, albeit at a slower pace than in June, according to a monthly survey of rural bank CEOs in the central states. [Continue]
Bill would grant Treasury oversight for decentralized finance
A group of U.S. Senators have introduced legislation granting the Treasury Department oversight authority for the decentralized finance sector. [Continue]
Small business delinquencies increased in Q1
Small business loan delinquencies increased in the first quarter of this year amid rising interest rates and ongoing inflation, according to recent analysis. [Continue]
BankNews.com is banking, fintech news hub
Investors, financial services consumers, academics, journalists and banking industry news junkies have a new internet home for following developments among the nation’s largest banks, financial technology companies (fintechs) and community banks: BankNews.com provides news directly from the source. [Continue]
Lawsuit: FDIC lacked authority to issue NSF requirement
The Minnesota Bankers Association and Annandale, Minn.-based Lake Central Bank have filed a federal lawsuit against the FDIC. [Continue]
Industrial production, manufacturing fell in June
Industrial production fell by a half-percent in June but increased at an annual rate of 0.7 percent, according to the Federal Reserve. [Continue]
Regulator calls for more stringent crypto regulations
The Financial Stability Board is calling on cryptocurrencies to face more stringent regulations and supervision in the wake of several failures and ongoing stability concerns. [Continue]
Consumer sentiment rose this month as inflation fell
Consumer sentiment rose 13 percent in June amid a sharp drop in inflation, according to July’s University of Michigan Surveys of Consumers. [Continue]