When autocomplete results are available use up and down arrows to review and enter to select.
Nearly one-third of respondents to a Federal Reserve survey of senior financial officers said their banks plan to take actions to maintain the current size of their balance sheets over the next six months.
Findings: Conducted in May, the Senior Financial Officer Survey also found:
One-quarter reported that their banks plan to increase, or limit the decline in, the size of their balance sheets, while the same fraction said their banks had no plans to increase or decrease the size of their balance sheets.
A smaller number of respondents said their banks plan to decrease, or limit the growth in, the size of their balance sheets over the same period.
Background: The Fed uses the survey to obtain information about banks’ reserve balance management strategies and practices, deposit pricing strategies, balance sheet expectations, and views regarding Fed facilities.
Previous News
Figure Technologies, a nonbank consumer lender looking to expand into payments services, withdrew its application for a national bank charter.
ImageAug 2, 2023
Threat actors are exploiting vulnerabilities in the Ivanti Endpoint Manager Mobile device management system, according to a cybersecurity advisory from the Cybersecurity and Infrastructure Security Agency.
ImageAug 2, 2023
The Independent Community Bankers of America (ICBA) today announced the hire of Faith Lutat as vice present of member relations.
Image
Jul 31, 2023
Related News Taxonomy
