Financial institutions news from around the web: March 11 – 15, 2024

Written on Mar 15, 2024

Logistic and safety concerns have been raised from banks across the state, especially those in the path of totality which includes a swath from Southwest to Northeast Ohio. Here is a list of things to consider in order for your bank and customers to be prepared for this upcoming event. 

Regional banks are working to manage exposure to the office sector, but executives say they will skirt a regional banking crisis. 

Reports from 4,587 commercial banks and savings institutions insured by the FDIC reflect aggregate full-year 2023 net income of $256.9 billion, down $6 billion (2.3 %) from the prior year. 

Here are six factors — from upcoming regulations to commercial real estate — that show how the landscape has changed between the crises of 2023 and 2024.