Cecl news and trends

US Eases New Banking Rule On Reporting Bad Loans

March 30, 2020
FDIC, accounting rule delay, COVID-19
Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks
Banking // February 05, 2020

In finance, accounting is everything. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive...

Quick Reads
US Eases New Banking Rule On Reporting Bad Loans

March 30, 2020
Bank regulators have rolled back the Jan. 1 accounting standard known as “current expected credit loss” (CECL) in an effort to bolster loans in the wake of the coronavirus, the Wall Street Journal reported on Friday (March 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to […]