The Alabama bank reported that check fraud resulted in operational losses of $135 million between April and September, including $53 million last quarter. The entire banking industry has been beset by higher levels of check fraud since the start of the COVID-19 pandemic.
https://www.nationalmortgagenews.com/news/check-fraud-leads-to-big-q3-charge-at-regions-financial
Powell: Fed policy review honing in on communication
The Federal Reserve chair said there is 'room for improvement' in how the central bank conveys...
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