Banking News & Insights
New York Fed: Inflation Pressures Cooled in February
A key inflation gauge cooled in February, down from January’s 3% to 2.9%, the Federal Reserve Bank...
FDIC Issues New Draft Guidance for Bank Merger Scrutiny
This week, the Federal Deposit Insurance Corporation issued draft guidance that would increase...
Powell: Growing Fed Confidence for Rate Cuts
On Thursday, Federal Reserve Chairman Jerome Powell testified before the Senate Banking Committee....
Capital One Announces $35B Megamerger with Discover
Capital One recently confirmed its intent to purchase Discover Financial for $35.3 billion....
Banking Groups Sue to Block New CRA Rules
A group of industry organizations have filed suit to block regulators’ new Community Reinvestment...
Fed Signals No Imminent Rate Cuts Ahead
Despite market expectations for imminent rate cuts, the Federal Reserve today confirmed its intent...