Bank failures could affect lending; Wyoming joins Custodia suiit
Bank economists surveyed by the American Bankers Association anticipate consumer spending power could come under pressure as lending standards tighten. Photo: Victor J. Blue/Bloomberg

Bank failures could affect lending; Wyoming joins Custodia suiit

In wake of failures, bank economists expect weaker credit quality, lighter lending : The American Bankers Association 's latest Credit Conditions Index points to a drop in lending and a rise in loan delinquencies through the second and third quarters.

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Wyoming joins Custodia Bank in legal battle against Fed : The state's attorney general filed a motion to intervene in Custodia Bank 's lawsuit over master account access, citing concerns about the effect of the Federal Reserve Board 's decisions on Wyoming's special-purpose depository institution charter.

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A Las Vegas de novo avoids risky bets : Lexicon Bank 's cautious approach to its balance sheet helped it weather the pandemic and avoid some of the mistakes that plagued other failed banks.

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Chopra calls for "automatic triggers" to curb excessive bank risk : In wide-ranging remarks on the recent banking crisis, the head of the Consumer Financial Protection Bureau said other regulators aren't using enough of their powers to supervise banks.

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Capital One's rift with Walmart won't be a big drag, analysts say : The world's largest retailer, 沃尔玛 , sued Capital One over their four-year-old credit card partnership, saying the bank failed to meet customer service standards. The McLean, Virginia-based bank disputed the allegations

CHESTER SWANSON SR.

Next Trend Realty LLC./wwwHar.com/Chester-Swanson/agent_cbswan

1 年

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Sing Koo

Creative thinking with Abstractive Symbolic Logic

1 年

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