Banking News – Does FSOC have a role to play in coronavirus response? After budget cuts and a strategic transition, the interagency body conceived by Dodd-Frank to spot complete threats has largely been silent as the endemic roils the economy.
Union Banking – https://www.americanbanker.com/news/does-fsoc-have-a-role-to-play-in-coronavirus-response
Month: March 2020
SEC Small Business Advocate to Host Virtual Coffee Breaks Discussing Small Business Capital Raising
Banking News – SEC Small Affair Advocate to Host Virtual Coffee Breaks Discussing Small Affair Capital Raising The Securities and Chat Fee’s Office of the Advocate for Small Affair Capital Formation is hosting a series of virtual coffee breaks to engage with the public to discuss updates, trends, and perspectives on how COVID-19 is impacting raising…
SEC.gov Updates: Press Releases – https://www.sec.gov/news/press-release/2020-77
Emergency loan program to accept applications on Friday
Banking News – Urgent circumstances loan program to accept applications on Friday The Reserves Sphere and Small Affair Handing out are reliable for distributing $350 billion in coming months.
Union Banking – https://www.americanbanker.com/news/urgent circumstances-sba-loan-program-to-accept-applications-on-friday
19 Dividend Aristocrats That Have Gone on Deep Discount
Private Finance – 19 Bonus Nobles That Have Gone on Deep Money off
In times of market turmoil, one group of stocks that investors can count on to deliver dependable income growth is the Bonus Nobles: an elite group of companies that have bent at least 25 consecutive years of bonus hikes.
During the 2010s, these high-quality stocks returned an average of 14.75% per year, besting the S&P 500 by 1.2 percentage points. A huge reason for the Bonus Nobles’ outperformance, mainly over the long term, is the high bonus element of their returns.
Studies by Ordinary & Poor’s have shown that more than one-third of the long-term total return of stocks comes from dividends. In the case of the Nobles, many of them traditionally don’t boast arresting yields for new money. But investors that stick with them over the long haul are pleased with growing “yields on cost” over time.
Dependable payouts also help make this group less risky than most other stocks. For reason, explosive nature of the Bonus Nobles’ returns during the 2010s, as leisurely by ordinary deviation – a measure of how widely or attentively prices are single compared to an average – was more than 9% lower than the S&P 500.
That doesn’t make them invincible from market downturns. A number of Bonus Nobles have gone on money off, losing 10%, 20%, even 30% of their value since the start of the bear market. But they offer more than cheap prices – they offer real value, both in higher-than-usual yields as well as snap-back the makings once the market rebounds.
Here are 19 Bonus Nobles that should appeal to investors who want safety and reliably rising dividends at bargain basement priced prices.
SEE ALSO: 64 Bonus Stocks You Can Count On in 2020
Kiplinger Private Finance – https://www.kiplinger.com/slideshow/investing/T018-S001-19-bonus-nobles-deep-money off/index.html
Digital training for bankers paying off in coronavirus crisis
Banking News – Digital schooling for bankers paying off in coronavirus crisis Customers are more reliant than ever on digital banking tools, and institutions like OceanFirst, BBVA and M&T are thankful they had invested in instruction employees to show customers how to use them.
Union Banking – https://www.americanbanker.com/news/digital-schooling-for-bankers-paying-off-in-coronavirus-crisis
High anxiety among energy lenders as oil prices plummet
Banking News – High anxiety among energy lenders as oil prices plummet Weak demand for oil and gas, brought on by the fiscal fallout of the coronavirus rash, has raised concerns of energy firms missing loan payments or even going bankrupt. Here’s how banks and regulators are trying to get ahead of the makings harms.
Union Banking – https://www.americanbanker.com/news/high-anxiety-among-energy-lenders-as-oil-prices-plummet
SEC Announces Ad Hoc Meeting of Small Business Capital Formation Advisory Committee in Response to COVID-19 Challenges Faced By Small Businesses
Banking News – SEC Announces Ad Hoc Meeting of Small Affair Capital Formation Advisory Group in Response to COVID-19 Challenges Faced By Small Businesses The Securities and Chat Fee today announced that its Small Affair Capital Formation Advisory Group will host a meeting via video talks on April 2, 2020, in response to the challenges small businesses are facing in coping with COVID-…
SEC.gov Updates: Press Releases – https://www.sec.gov/news/press-release/2020-76
11 Ways the Stimulus Package and Other Government Measures Could Help You in 2020
Private Finance – 11 Ways the Spur Package and Other Regime Events Could Help You in 2020
The coronavirus (COVID-19) rash is crushing the U.S. economy. The stock market is tanking (we’re now in a bear market), businesses are closed, unemployment claims are spiking, consumer costs is down sharply, 2020 GDP estimates are reducing quick, and a depression is on the way. We’re in a terrible place.
But the federal regime has made several moves that we all hope will turn things around. House of representatives and the Trump handing out worked collectively on spur legislation, the Federal Reserve lowered appeal rates, and the IRS provided relief to taxpayers. Other regime agencies and institutions are pushing forward with bonus events to stop the flow of blood and get the economy back on track. It will take time, and we have a bumpy road ahead, but action is being taken.
While some of the fiscal spur will prop up businesses, many initiatives will flood the economy with cash and frankly benefit run of the mill Americans who are facing a fiscal hit. There are also other thoughts being discussed at the highest levels of regime that could be rolled out later. Here are 11 coronavirus spur events already in place that could help you financially in 2020. They all won’t automatically apply to you, but one or two of them could much impact your fiscal health.
TOOL: Spur Check Calculator
Kiplinger Private Finance – https://www.kiplinger.com/slideshow/costs/T063-S001-ways-the-spur-package-could-help-you-in-2020/index.html
Banks say Fed rescue threatens mortgage hedging strategies
Banking News – Banks say Fed rescue threatens finance hedging strategies 
 Regulatory action sought to prevent intercession from having accidental penalty
FT.com – Banks – https://www.ft.com/content/391f6874-891f-48c1-a641-3e431604d3fa
Calls to cease non-coronavirus rulemaking grow louder
Banking News – Calls to stop non-coronavirus rulemaking grow louder The ICBA chief’s plea for a six-month halt to set of laws not related to the endemic followed similar calls by union groups and a key Senate Democrat.
Union Banking – https://www.americanbanker.com/news/calls-to-stop-non-coronavirus-rulemaking-grow-louder
UK’s biggest lenders set to halt dividends after BoE warning
Banking News – UK’s largest lenders set to halt dividends after BoE warning Deputy administrator tells chiefs to ‘reckon very wisely about optics’ of capital distributions
FT.com – Banks – https://www.ft.com/content/c13d3d21-b6f3-4449-a916-2ba4271818e4
How are US banks affected by coronavirus? What we know and what we don’t
Banking News – How are US banks unnatural by coronavirus? What we know and what we don’t Sector’s shares have lost a quarter of their value in March
FT.com – Banks – https://www.ft.com/content/2eb66bd9-2bd3-4bf3-81ab-2ab323674dd2
Banks pushed to waive personal guarantees for SME coronavirus loans
Banking News – Banks pushed to waive private guarantees for SME coronavirus loans Not all UK lenders have dropped condition later regime request
FT.com – Banks – https://www.ft.com/content/7e3a7361-c94f-4171-81c4-865cfa9de64d
Klarna and coronavirus; ABAKA’s behavioural nudges; Ageas’ AI insurance claims
Banking News – Klarna and coronavirus; ABAKA’s behavioural nudges; Ageas’ AI indemnity claims Klarna faces up to coronavirus disruption
FT.com – Banks – https://www.ft.com/content/7daf5b08-2b5e-4d6a-8bc5-a276e2b66681
Behind the Money: Ford, GM and the corporate dash for cash
Banking News – Behind the Money: Ford, GM and the corporate dash for cash Behind the Money is a podcast from the Fiscal Times that takes viewers inside t…
FT.com – Banks – https://www.ft.com/content/a5f9d75e-529b-4cb1-8e9f-b61bf749598f
Fed delays effective date of bank control rule due to coronavirus
Banking News – Fed delays commanding date of bank control rule due to coronavirus The parameter customary values for investors who own less than a quarter of an society. Banks are getting more time for implementation as they focus on effects of the COVID-19 endemic.
Union Banking – https://www.americanbanker.com/news/fed-delays-commanding-date-of-bank-control-rule-due-to-coronavirus
Twelve years later, another ill-conceived bailout
Banking News – Twelve years later, another ill-conceived bailout The 2008 package proved some banks were too huge to fail. But the rushed $2.2 billion spur shows now any company can be bailed out.
Union Banking – https://www.americanbanker.com/opinion/twelve-years-later-another-ill-conceived-bailout
Colorado bank rebrands to highlight bigger role in payments
Banking News – Colorado bank rebrands to highlight larger role in payments The newly minted Take care of Bank will provide payment dispensation and card issuing air force to a wide range of clients.
Union Banking – https://www.americanbanker.com/news/colorado-bank-rebrands-to-highlight-larger-role-in-payments
When It Comes to Retirement, Look for a Plan, not a Pitch
Private Finance – When It Comes to Retirement, Look for a Plot, not a Pitch Pick your plot, and your planner, with your eyes wide open. The ability to dig beneath the surface of a pitch can be a retirement saver’s best friend.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T023-C032-S014-for-retirement-look-for-a-plot-not-a-pitch.html
Financial Opportunities for Wealthy Families During the Coronavirus Crisis
Private Finance – Fiscal Opportunities for Wealthy Families During the Coronavirus Crisis Making smart decisions in times of panic isn’t simple, but those who keep cool heads, follow the plot and take some calculated steps could help grow their wealth for generations to come.
Kiplinger Private Finance – https://www.kiplinger.com/article/retirement/T064-C032-S014-wealthy-fiscal-opportunities-during-coronavirus.html