The rule requires banks to collect and report data on credit applicants

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%