Crisis management

In times of crisis, banks also must look after their own

07/27/20

Financial firms should offer debt consolidation and faster payment services to help employees who may be struggling through the coronavirus pandemic.

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No bank should be paying dividends right now

07/14/20

The Fed’s recent action capping dividend payments might prove inadequate once the coronavirus crisis really hits banks’ capital.

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Repealing brokered deposit law would be a costly mistake

07/06/20

Congress and the FDIC are considering easing limits on banks' holdings of such deposits, a move that could inadvertently lead to more expensive failures.

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Bankers fear surge in coronavirus cases will delay economic recovery

06/25/20

States that were quick to reopen are seeing spikes in infections and hospitalizations, raising the specter of another lockdown. Here’s what that could mean for banks.

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Forbearance during coronavirus a double-edged sword

06/25/20

Borrower relief is necessary in a national emergency, but if the exclusion of the deferred loans from troubled debt restructurings is extended past the end of the year, safety and soundness could be compromised.

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The calm before the storm of bankruptcies

06/15/20

Lawmakers shouldn't let themselves be misled by a slower pace in personal bankruptcy filings so far this year.

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Guarded optimism from bank execs as economy reopens

06/09/20

Leaders of companies including Citizens, Comerica and Truist offered more upbeat assessments of loan demand and credit quality than they have in recent weeks. But others warned of weakness in key sectors such as energy and real estate, and said forbearance policies may be hiding potential pitfalls.

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How Union Bank's crisis-tested leader took control of virus response

06/08/20

Greg Seibly, who led the turnaround of Sterling Financial during the Great Recession, was nine days into his new job as president of Union Bank when the pandemic was declared.

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Swept up in civic unrest, banks confront deep societal issues

06/01/20

Bankers spent Monday cleaning up damaged branches, wondering if their small-business clients will need more emergency aid and contemplating how the racial and economic inequalities highlighted by days of violent protests nationwide can be corrected.

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The write-downs are coming. Start preparing now.

06/01/20

Periods of significant loan defaults are tough on banks and force unpleasant choices. Here are steps to evaluate collateral in such uncertain times.

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