Guidance was issued this week on a program that provides tax credits for solar and wind projects in low-income communities. The Low-Income Communities Bonus Credit Program, created by the Inflation...
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In its latest economic forecast, the American Bankers Association’s Economic Advisory Committee said the United States is on the path toward a soft landing. The committee, composed of 16 chief ec...
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The U.S. Justice Department’s investigation into international commodities trading companies has resulted in 20 convictions of individuals, total fines, forfeitures, and penalties of more than $1.7 ...
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On Wednesday, the Consumer Financial Protection Bureau (CFPB) warned that false claims about the cost or speed of sending international money transfers can violate federal law. The CFPB said some ...
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The trading revenue from U.S. commercial banks and savings associations totaled $11.6 billion in the fourth quarter of 2023, according to the Office of the Comptroller of the Currency (OCC). The O...
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The U.S. Department of the Treasury issued a report this week that probes cybersecurity risks in the financial sector from artificial intelligence (AI). The report, called Managing Artificial Inte...
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On Tuesday, the Securities and Exchange Commission (SEC) announced that it is looking for five candidates to fill appointments to the Investor Advisory Committee. The Committee, which helps to pro...
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U.S. Sen. Mike Rounds (R-SD) is leading a group of eight Senate Republicans who are opposed to a proposal by the Securities and Exchange Commission (SEC) to expand Regulation Systems Compliance and In...
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A new survey from Grant Thornton LLP has found that a majority of professionals in mergers and acquisitions (M&A) are preparing for deal volumes to increase. The survey, which polled 238 M&A profe...
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Fannie Mae and Freddie Mac completed 43,903 foreclosure prevention actions during the most recent quarter, according to the Federal Housing Finance Agency’s (FHFA) fourth quarter 2023 Foreclosure Pr...
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