The Federal Reserve Board recently announced the appointment of Ricardo Aguilera as director of the Division of Financial Management and chief financial officer, effective immediately. The Division...
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The U.S. House Transportation and Infrastructure Committee passed legislation that would privatize the air traffic control system in the United States. The 21st Century Aviation Innovation, Reform,...
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Tony Salazar has been named the new commissioner of financial regulation at the Maryland Department of Labor, Licensing and Regulation (DLLR) effective July 5. Salazar brings more than 30 years of ...
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Nationwide is roll out a new Nationwide Care Concierge service that provides 24-hour access to guidance on many of the complex questions and issues that can come up in retirement. These services ar...
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Wells Fargo & Company is selling its commercial insurance business to USI Insurance Services. Specifically, USI will acquire Wells Fargo Insurance Services USA (WFIS) , which includes its Insur...
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The Federal Home Loan (FHL) Bank of San Francisco recently awarded $73.6 million in Affordable Housing Program (AHP) grants for affordable housing projects throughout the country. The grants were a...
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Fannie Mae’s latest Mortgage Lender Sentiment Survey revealed that an increasing number of mortgage lenders have eased credit standards in the second quarter of 2017 and expect further easing in the...
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The U.S. property/casualty insurance industry saw net income drop 42.2 percent to $7.7 billion in first-quarter 2017 from $13.4 billion in first-quarter 2016, according to ISO and the Property Casualt...
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Scott McComb, president, chairman, and CEO of Heartland Bank of Gahanna, Ohio, was recently named chairman of ICBA Bancard, the payments services subsidiary of the Independent Community Bankers of Ame...
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Experts discussed current cyber threats to the financial services industry, how the industry is responding, and regulatory efforts underway client information from cybercriminals at the North American...
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The U.S. House of Representatives passed a bill last week to reauthorize the Federal Perkins Loan financial aid program for college students. While the program is set to expire at the end of Septem...
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Members of the House and Senate are urging President Trump to advocate for reforms and eliminate trade and investment barriers to India when Indian Prime Minister Narendra Modi’s visits the White Ho...
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A large majority of banks, 87 percent, do not have a not have a formal payments strategy, according to a new American Bankers Association (ABA) first-time payments survey. The survey of more than 2...
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A group of insurance industry associations issued a joint statement supporting the modernization of the North America Free Trade Agreement (NAFTA), adding that the treaty has been beneficial to the op...
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The National Association of Federally Insured Credit Unions (NAFCU) is among a chorus of banking industry groups urging lawmakers to change the governance structure of the Consumer Financial Protectio...
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State banking regulators appeared before the U.S. Senate Committee on Banking, Housing and Urban Affairs last week to recommended regulatory reforms for smaller, less complex banks that do not pose sy...
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U.S. Rep. Steve Stivers (R-OH) introduced a bill that provides regulatory relief for mortgage loan originators in an effort to create a smooth employment transition for those who move between bank and...
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Three out of four consumers they are aware of their credit standing, but only half check their credit score more than once a year, according to a study commissioned by Discover. Specifically, 28 ...
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The Small Business and Entrepreneurship Council (SBE Council) recently published a report that ranks the states according to the costs of their tax systems for entrepreneurship and small business. ...
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A new report from the Consumer Financial Protection Bureau (CFPB) highlights the major complaints from borrowers about student loan servicers mishandling Public Service Loan Forgiveness. The Publi...
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