The Securities and Exchange Commission (the “SEC”) filed an action on February 13th in its continued effort to crack down on unregistered brokers. In
A report issued by the White House Council of Economic Advisers entitled, "The Performance of Community Banks Over Time," purports to debunk the
The Conference of State Bank Supervisors (CSBS) is recommending that community banks use stress testing to evaluate the potential impact of key risk factors.
On Tuesday, the Subcommittee on Economic Policy of the Committee on Banking, Housing, and Urban Affairs held a hearing on proposals to address barriers to small business lending.
Healthcare reform efforts remained in flux last week, as President Obama sought to repackage his party's priorities in the wake of the shocking Republican victory in Massachusetts on January 19.
On July 8th, the Subcommittee on Financial Institutions of the Senate Committee on Banking, Housing, and Urban Affairs held a hearing entitled "The Effects of the Economic Crisis on Community Banks and Credit Unions in Rural Communities" to discuss the effects of the economic crisis on community banks and credit unions across rural communities.
Last week, the FDIC reported the second lowest net earnings for U.S. banks since 1990.