Dear Congress: Don’t let initial PPP be final word on small-business aid


The SBA’s Paycheck Protection Program is nearly depleted, but there are ways small banks and fintechs, with help from Congress, can remedy the situation.


Trump says heads of big four banks among CEOs to advise on economy


Jamie Dimon of JPMorgan Chase, Brian Moynihan of BofA, Michael Corbat of Citi and Charlie Scharf of Wells Fargo are some of the business leaders from multiple industries being asked to help the White House revive the economy as the coronavirus pandemic shows signs of easing in some parts of the country, the president says.


Jamie Dimon sees ‘bad recession’ and echoes of 2008 crisis ahead


The only current CEO who steered a major U.S. bank through the financial crisis, Dimon said JPMorgan’s earnings will be “down meaningfully” this year as a result of the coronavirus pandemic.


Memo to bankers: Don't attack SBA program, make it better


Yes, the Small Business Administration's emergency funding program for the coronavirus crisis is off to a rocky start, but that shouldn't stop banks from helping customers in need.


Banks can stand among the economy’s first responders


Lenders can offer deferred payments and capitalize on digital banking to help small businesses and consumers get back on their feet.


Twelve years later, another ill-conceived bailout


The 2008 package proved some banks were too big to fail. But the rushed $2.2 billion stimulus shows now any company can be bailed out.


Calls for CECL delay expose standard's flaws


If the new accounting standard poses too many risks during an economic crisis, then it's probably not a good idea at all.


Bankers need to come at this crisis from a different perspective


The coronavirus is changing how consumers interact in branches and banking online. Bank leaders should be prepared.


Nothing to suggest trickle-down monetary policy will suddenly work


The Fed must set up a ‘family financial facility’ that sends billions to households and small businesses so banks don’t misdirect relief funds.


AI models could struggle to handle the market downturn


Many new artificial intelligence and machine learning methods used for underwriting are not fully equipped to predict defaults.