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New ABA survey shows most Americans don’t know the difference between a bank and a credit union
Large banks outperformed expectations but regional banks fell dramatically
JP Morgan reported $13.15 billion in profit last week
Governor Michelle Bowman urged policymakers to consider the risks of regulatory reforms
The regulator has issued an advisory opinion on the rules for large banks
ABA survey assessed customer satisfaction as well as opinions on cannabis banking and overdraft protection
Revenue and margins are both expected to decline throughout the banking sector
Plus: Monterey County Bank reportedly set to be bought by dedicated investment vehicle
Interest rates for credit card holders have climbed to a record high of more than 20%
The group of associations also asked for the Fed not to sell its mortgage securities holdings
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