BankThink

Fourth quarter nonfarm productivity was revised up slightly to a flat reading, but more importantly unit labor costs growth was revised solidly higher to a 2.5% pace.

Private-sector employment increased by 235,000 in February, on a seasonally adjusted basis, ADP estimated Wednesday.

The resignation of National Economic Council Director Gary Cohn costs banks a top ally in the Trump administration and will likely further slow agency appointments.

Deposit prices are starting to rise, deposit growth is slowing, commercial loan growth remains tepid (with some exceptions) and concerns are mounting about the economic toll of U.S. trade policy, bank executives said just a few weeks ahead of the end of the quarter.

Issuers and investors in initial coin offerings for digital coins appear to have something else to worry about besides the increased scrutiny of regulators.