Economy

Agriculture lenders expect more than a third of their borrowers to lose money this year, a development that could result in credit quality deterioration and impacts on banks' bottom lines.

The incoming administration has experience from its previous run, Bank of America's chairman and CEO said. He also said he would not join it. 

The president-elect's sweeping victory last week suggests a mandate from voters to bring back the economy he presided over in his prior term. But his policies on immigration, trade and federal spending could give voters — and banks — exactly what they don't want.

The added capital will help the New Jersey-based regional bank reduce its commercial real estate footprint faster and give it wiggle room to grow elsewhere, analysts said.

The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or demoted at will by the president.

The impact of both presidential candidates' fiscal promises around taxation and spending could have dramatic effects on the Federal Reserve's outlook for monetary policy, which has become more aggressive toward rooting out inflation.

The Greenhouse Gas Reduction Fund, a major element of the IRA, provides a critical opportunity for banks to integrate green finance into their core strategies.

While the recent upward movement has dampened borrowing activity, housing researchers reported encouraging signs for business this fall.

Rep. Zach Nunn, R-Iowa, has won endorsements from key banking industry players this election year with his support for the ACRE Act. Here's why rural banking might be a winning issue in the toss-up race.