Banking News & Insights
FDIC Announces Increased Focus on Lenders’ Commercial Real Estate Loans
The Federal Deposit Insurance Corp. (FDIC) announced last week that its next test cycle will...
Amid Wall Street Turbulence, Johnson Associates Forecasts Job Losses and Bonus Reductions for Financial Industry
By: Ken Chase. In a new report released on August 4, compensation consultancy firm Johnson...
Goldman Sachs Reveals CFPB Investigation Into Firm’s Credit Card Practices
By: Ken Chase. Goldman Sachs has revealed that the Consumer Financial Protection Bureau (CFPB) is...
West Virginia Bans Five Financial Giants Over Alleged Boycotts of Energy Industry
By: Ken Chase. The state of West Virginia has barred five of the largest financial firms from...
U.S. Bank Fined $37.5 Million for Fake Customer Account Violations
By: Ken Chase. The Consumer Financial Protection Bureau announced on Thursday that it is fining...
U.S. Economy Shrinks for Second Consecutive Quarter
By: Ken Chase. The Bureau of Economic Analysis confirmed many Americans’ fears on Thursday,...