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FDIC Releases Formal and Informal Enforcement Actions Manual

Abrigo

The FDIC released a manual on Formal and Informal Enforcement Actions. ABA study shows banks are reporting more cases of EFE. The FDIC released its manual on Formal and Informal Enforcement Actions. The FDIC has broad discretion to determine what form of corrective action to pursue. Key Takeaways.

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Bank ROE – What Should Be Your Bank’s Target?

South State Correspondent

Bank ROE Historical Performance Total assets for all FDIC-insured institutions was $23.7T There are various models investors may use to assess return and risk, but the most widely used is a risk premium model called CAPM (capital asset pricing model). These intangible factors can also lower the bank’s cost of capital.

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5 Campaigns to Increase Deposits Targeting Digital Wallets

South State Correspondent

According to a recent Capital One study done at the start of this year, 65% of U.S. A recent Forbes Advisor study showed that 67% of all digital wallet holders either “always” lose track of their wallets or “sometimes” lose track. adults said they used a digital wallet at least once in the past year.

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SVB: Early lessons for all financial institutions from Silicon Valley Bank’s failure

Abrigo

Stress testing & deposit strategies in the spotlight The failure of Silicon Valley Bank offers other financial institutions the chance to reassess their approaches to and management of interest rate risk, liquidity risk, and credit risk. Boy, did that impact capital ratios. For SVB, many of their customers didn’t need loans.

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The Future of Noninterest Income at Financial Institutions

Abrigo

Capital One and Fifth Third Bank have launched programs to give customers early access to direct deposits, up to two days. A recent study by the Cleveland Fed noted that traditionally, noninterest income is only 30% to 40% of small banks’ operating revenue, compared with over half of large banks’ revenue. Follow ALM Best Practices.

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Ireland Crypto Regulation Looms

PYMNTS

The new year dawned with the government’s statement that there is an “absence of a globally acceptable solution, and the need to devise a technically feasible solution” … and it all warrants “further study.”. Banks are well capitalized. The statement comes as cryptocurrencies are still not being recognized as legal tender.

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Financial Institution Regulators Address Financial Inclusion, Expansion of Access to Credit, and Further Consumer Protection from Discrimination

CFPB Monitor

FFIEC : On June 5, 2020, the members of the FFIEC (FDIC, OCC, Federal Reserve Board (“FRB”), CFPB, NCUA and the State Liaison Committee) issued an unprecedented statement on the importance of financial inclusion. On July 23, 2020, the FDIC released a podcast entitled “The Role of Minority Banks.” banking system.