News Feed

By Jim Dobbs
March 9, 2020 2:12 PM

The outbreak and a free fall of oil and stock prices are rattling bankers at this year's ICBA gathering in Orlando, Fla.

3 Min Read
By Glen Fest
March 9, 2020 2:00 PM

The Structured Finance Association has canceled its Canadian industry conference in May, while IMN has called off a CRE CLO confab scheduled in NY this week.

1 Min Read
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Brad Finkelstein
March 9, 2020 1:18 PM

Mortgage lenders could benefit from the surge in refinancing due to widening market spreads, and that could help offset damage to servicing rights portfolio valuations, according to Keefe, Bruyette & Woods.

3 Min Read
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Andrew Coen
March 9, 2020 1:13 PM

S&P Global Ratings is postponing a March 31 forum on public housing bonds due to concerns about the outbreak of COVID-19.

1 Min Read
Steve Skancke
Gary Siegel
March 9, 2020 12:23 PM

The markets continue to sink on virus fears, as even a 50 basis point rate cut by the Federal Reserve last week didn’t turn the markets around. The Fed meets again next week and many see more easing, but will those efforts prevent recession?

5 Min Read
Todd Clark, president and CEO of CO-OP Financial Services
Aaron Passman
March 9, 2020 9:14 AM

The annual payments event is the first credit union event to be cancelled due to concerns surrounding the outbreak.

1 Min Read
“Pandemic planning presents unique challenges to financial institution management,” the FFIEC said in the interagency statement.
Kate Berry
March 6, 2020 6:30 PM

The agencies recommend steps banks should take to proactively prevent disruption of operations, minimize contact between staff and customers, and plan for how affected employees reenter the workplace, among other things.

2 Min Read
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Aaron Weitzman
March 6, 2020 4:05 PM

As fear and uncertainty over COVID-19 rapidly grow, it has sent yields for both municipals and Treasuries to never before seen low levels — begging the question if we could see zero or negative yields here in the States?

9 Min Read
Yvette Shields
March 6, 2020 2:32 PM

The Metropolitan Pier and Exposition Authority updated its latest offering statement to warn of the risk posed to its bottom line as did two systems with upcoming deals.

5 Min Read
Five litre bottles of 70% hand sanitizing gels sit on the production line at Cleenol Group Ltd.'s factory in Banbury, U.K., on Friday, March 6, 2020. The stockpiling crisis that has hit supermarkets across Asia has spread to Europe as consumers start hoarding groceries and hygiene products amid fears of a coronavirus pandemic. Photographer: Chris Ratcliffe/Bloomberg
Jeff Stimpson
March 6, 2020 2:24 PM

With new technology, new workflows, and plenty of hand sanitizer, preparers are ready for the disease.

5 Min Read