Banking crisis puts money market funds in the spotlight
American Banker
In-depth analysis, perspective and commentary on key issues affecting the banking industry.
Bank crisis puts money market funds back in the spotlight: Recent deposit flows raise questions about the Fed's support for these funds through its overnight lending facility, and whether that support is doing more harm than good.
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High-interest CDs powered big deposit gain for NewtekOne's new bank:In its first three months as a bank, the Boca Raton, Florida-based NewtekOne (NASDAQ: NEWT) doubled the size of its deposit base by relying almost exclusively on certificates.
Why Mastercard's recycled-plastic rule could be tough to implement: The card network vows to make all new 萬事達卡 s from recycled plastic by 2028, but even the most ardent digital-first card issuers have met obstacles in finding affordable alternatives to using virgin plastic.
FDIC to take a closer look at property appraisal bias: The agency said it will include home valuation practices in its fair lending review. It's the latest effort by a Washington regulator to root out discriminatory practices in the profession.
Read more about regulation: FDIC taps BlackRock to manage sale of failed bank assets.
Banks expected to increase risk technology budgets after March crisis: Regional banks will need to implement holistic, sophisticated data and risk analysis technology following last month's bank runs, experts say.
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
1 年Thanks for sharing.