Monday, the FDIC issued a new FIL directive targeting institutions with high CRE concentrations. Here are our comments.

William Mills Agency, the nation’s largest independent public relations and marketing firm specializing in financial technology, has been selected by Endurance Advisory Partners as its public relations agency of record.

This advisory conveys several key risk management practices for FDIC-supervised institutions to consider in managing CRE loan concentrations in the current challenging economic environment.

This year a number of smaller banks have been reclassified as Regional Banks due to complexity. Banks moving under RBO supervision program will encounter a new supervisory process, increased audit function expectations, and an expanding scope of risk management and governance considerations. Also, the strategic plan also acquires greater importance. See the following for more information.

After clashing in recent years, Wall Street traders and the Federal Reserve are – for once – broadly in sync: The great monetary pivot is near as central bankers engineer a once-unthinkable soft landing in the world’s largest economy.

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Chair Powell and the Fed will remain committed to bringing inflation down to 2.00%. While pivoting from a tightening bias to a more neutral stance, the Committee has not taken additional rate hikes off the table.

This comprehensive deep dive, demystifies the inner workings of the U.S. Treasury market, both past and present, unveiling the history, mechanics, and monetary plumbing of the most systemically important market globally. Let’s dive in.

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U.S. Treasury yields and swap rates, including the benchmark 10-year U.S. Treasury Bond, the Secured Overnight Financing Rate (SOFR), 1-month Term SOFR swap rates, SOFR swap rate, the Fed Funds Effective Rate, Prime, and SIFMA.

Credit markets face a dramatic repricing in 2024 as higher capital costs slam lower-rated borrowers, according to JPMorgan Asset Management’s Oksana Aronov.

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The failure of Citizens Bank of Sac City, in Iowa, last month and credit risks with some banks’ portfolios in the transportation sector have shown what’s at stake.

Capital standards, privatizing the FDIC, killing cryptocurrency, avoiding 'branch deserts,' and staying out of politics and ‘culture wars' were all on the Senate Banking Committee's agenda when eight big banks hit Capitol Hill.

An institution's failure to establish a management structure that adequately identifies, measures, monitors, and controls the risks of its activities is considered unsafe-and-unsound conduct. Principles of sound management should apply to the entire spectrum of risks facing an institution including, credit, market, liquidity, operational, compliance, and legal risk.

This topic has been central to 2023 exam, so we have provided a link to this for reference...The general principles and practices discussed in this booklet are important protections against overarching risks to banks with a focus on credit, interest rate, liquidity, price, operational, compliance, strategic, and reputation.

The Dallas Fed published this study in October led by Emily Greenwald, the SVP of Regulation for the FRB Dallas. This analysis provides insight to the FRB's concerns about liquidity and funding. It details their view that deposit convexity is amplifying monetary policy transmission and increases financial fragility, mechanisms that recent banking stresses have highlighted.

The BTFP, designed to provide short-term loans to banks and credit unions against Treasuries and agency debt as collateral, has become increasingly attractive as the prospect of rate cuts in 2024 makes its rates more competitive.

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Financial institutions are finding that by standardizing their networks of controls with a common control framework and implementing new technology, they are simplifying compliance across different platforms and the requirements of various regulators. And banks are joining an industry-led initiative called Sheltered Harbor to protect the most critical client data and account access from cyberthieves.