We interview Valley National Bank Chief Audit Executive Jacqueline Breslauer on her career, mentoring and dreams for retirement.
The Federal Deposit Insurance Corporation (FDIC) is seeking the public’s input on the potential for a public/private standard-setting partnership and voluntary certification program to promote the efficient and effective adoption of innovative technologies at FDIC-supervised financial institutions. Given rapid technological developments and evolving consumer behavior, this public/private partnership model program has the potential to help […]
Two CEOs of healthcare and financial institutions who have successfully led their organizations during a pandemic that has upended business models discussed their greatest challenges, lessons learned, and the future of their industries during NJBIA’s “Inside the C-suite” webinar Monday. Gary Horan, CEO of Trinitas Regional Medical Center in Elizabeth, and Kevin Cummings, CEO of […]
For the 5,116 commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC), aggregate net income totaled $18.5 billion in first quarter 2020, a decline of $42.2 billion (69.6 percent) from a year ago. The decline in net income is a reflection of deteriorating economic activity, which resulted in the increase in […]
The federal bank regulatory agencies today announced temporary changes to their supplementary leverage ratio rule. The temporary modifications will provide flexibility to certain depository institutions to expand their balance sheets in order to provide credit to households and businesses in light of the challenges arising from the coronavirus response. Issued by the Federal Reserve Board, […]