Still stress testing, even when they don’t have to


The regulatory relief bill passed last year eliminated mandatory stress tests for dozens of regional and midsize banks, yet many banks continue running internal tests anyway. Here’s why.


Accounting board rejects bid to ease CECL; rate drop sparks mini refi boom


Publicly traded banks will have to book expected losses on loans starting next year; the jump in mortgage refinancings could be a mixed bag for banks.


Where the small-bank lobby will focus next


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.


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


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.


CECL spells trouble for small banks, consumers


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.


Capital levels are just right, Powell tells House members


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


Consumer lenders could feel most pain from CECL


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.


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


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.


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


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.


Community banks still aren’t ready for CECL


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.