CECL

Where the small-bank lobby will focus next

03/18/19

Congress granted banks significant reg relief last year, but incoming ICBA Chairman Preston Kennedy says a lighter touch is needed with Bank Secrecy Act rules, loan-loss modeling and call reports.

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BB&T-SunTrust back story, Citi and JPM vs. fintechs, CECL trouble: Top stories of the week

03/15/19

BB&T-SunTrust deal came together with remarkable speed; Citi and Chase take on fintechs at their own game; CECL spells trouble for small banks, consumers; and more from this week’s most-read stories.

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CECL spells trouble for small banks, consumers

03/11/19

The new accounting standard won’t make community institutions safer, though implementation is proving burdensome and could restrict access to credit, argues Rep. Blaine Luetkemeyer.

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Capital levels are just right, Powell tells House members

02/27/19

Addressing lawmakers for the second straight day, the Fed chairman defended his agency’s refinements to the post-crisis regime.

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Consumer lenders could feel most pain from CECL

02/20/19

Credit card issuers would have to set aside more in reserves because of higher loss histories, according to research by Keefe, Bruyette & Woods on the impact of the new loan-loss standard.

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House lawmaker warns of CECL's impact on Fannie, Freddie

02/14/19

Rep. Blaine Luetkemeyer, R-Mo., told the mortgage giants' chief federal regulator that the Financial Accounting Standards Board’s new model for estimating loan losses could pose risk across the mortgage market.

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BB&T-SunTrust, GSE reform's QM problem, Swift's Ripple response: Top stories of the week

02/08/19

Wide coverage of the mega-deal between BB&T and SunTrust; GSE reform, CFPB underwriting rule are on collision course; Swift showing more swagger in its rivalry with Ripple; and more from this week's most-read stories.

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Community banks still aren’t ready for CECL

02/05/19

Despite recent chatter about a delay, there’s reason to believe the Current Expected Credit Losses accounting standard will go into effect next year. Regulators should do more to help smaller institutions prepare.

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Shorter terms, higher rates: How CECL could upend lending

02/04/19

Bankers weigh their options in mortgage and CRE lending as implementation of a new accounting standard nears.

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Banks' marketing blitz, Wells' penance, brokered deposits: Top stories of the week

02/01/19

Banks spend heavily on marketing to win deposits, push digital; Wells Fargo bends to critics in its latest response to scandals; FDIC review of brokered deposits has big implications for branches; and more from this week's most-read stories.

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