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11 Feb 2022, 12:21 pm by Andrew Hamm
Although the law only taxed banks’ Washington-based income, the association argued that the effect was to tax out-of-state banks and to spare in-state banks. [read post]
12 Mar 2023, 6:42 am by Kevin LaCroix
In a development that has an all-too-familiar feel, on Friday March 10, 2023, banking regulators closed California-based Silicon Valley Bank (SVB), in what is the second-largest banking failure in U.S. history. [read post]
31 Jul 2011, 7:48 pm by Kevin Funnell
Comerica Bank followed by the recent supplement to the FFIEC guidelines on authentication in an internet banking environment. [read post]
The IMF paper details the experiences of the six central banks at the frontier of CBDCs: Central Bank of The Bahamas, People’s Bank of China, Eastern Caribbean Central Bank, Banco Central del Uruguay, Sveriges Riksbank and Bank of Canada. [read post]
30 Apr 2024, 5:03 am by Sabrina I. Pacifici
Four highlights from this post: Banks told to anticipate risks from using AI, machine learning; Banks don't talk about the energy AI guzzles. [read post]
13 Nov 2017, 8:54 am by Tom Kosakowski
Wayne Blair has been named the Ombudsperson for the regional development bank based in Manila. [read post]
1 Oct 2024, 4:37 am by Tom Kosakowski
Related posts: Asian Development Bank Appoints Ombuds; Inter-American Development Bank Names Associate Ombuds; MIT Adds an Experienced Ombuds; Job Posting [read post]
15 Jul 2024, 10:31 am by Sabrina I. Pacifici
Six highlights from this post: We need bold minds to challenge AI, not lazy prompt writers, bank CIO says; Managing AI in banking: are we ready to cooperate? [read post]
31 Jul 2024, 4:41 pm by Sabrina I. Pacifici
Six highlights from this post: Hearing Entitled: AI Innovation Explored: Insights into AI Applications in Financial Services and Housing; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; AI in banking risk management: exploring latest trends and use cases; JPMorgan Chase has begun rolling out a generative artificial intelligence product; How Banks Can Combat Fraud, Cybercrime With Advanced Technology, AI; and Gen AI takes over finance: The leading… [read post]
16 Sep 2010, 6:34 am
A Deutsche Bank analyst said the jump in losses on CRE loans was the start of a trend caused by the rising number of loans that are in trouble and banks' increasing unwillingness to restructure smaller loans. [read post]
3 Apr 2015, 8:21 am by Sabrina I. Pacifici
Federal Reserve Bank of New York – Discussion of “Systemic Risk and the  Solvency-Liquidity Nexus of Banks” April 2015   Number 722  Tobias Adrian “Pierret (2015) presents empirical analysis of the solvency-liquidity nexus for the banking system, documenting that a shock to the level of banks’ solvency risk is followed by lower short-term debt. [read post]
No other UK banks were directly materially affected by these actions, or by the resolution of SVBUK’s US parent bank. [read post]
23 Nov 2013, 8:00 pm by Karel Frielink
Spigt Dutch Caribbean legal counsel to purchaser On 22 November 2013 Orco Bank acquired the loan portfolio of ABN AMRO Bank’s subsidiary MeesPierson in Curaçao. [read post]
31 Mar 2008, 9:30 am
I recently circulated an AEI Financial Services Outlook entitled Healthy Hedge Funds, Sick Banks. [read post]
5 May 2024, 8:00 am by Kevin LaCroix
More recently, on April 26, 2024, banking regulators, in what was the first bank failure of 2024, closed Republic First Bank, a $6 billion asset bank based in Philadelphia. [read post]
8 Feb 2022, 8:00 am by Todd Presnell
 The privilege covers a bank-examination report, but not all of it, and more than that. [read post]
14 Jul 2016, 2:14 pm by Andrea Cwieka
Even if your local bank branch is looking a little different these days, the bank branch is here to stay. [read post]