Contributor : Kiah Haslett
FASB has proposed changing the effective date for the new credit loss standard to 2023 for small banks.
There is one major difference between how CEOs and boards of directors think about executive compensation.
An outdated rule is putting community banks in a bind and could exacerbate the next crisis.
There is no magic formula for being an effective bank director, but there are two traits that the best tend to exhibit.
Times are good, but banks can’t allow complacency to keep them from making hard decisions to position their institutions for further growth.
A debate is raging across the banking industry as to whether the new loan loss accounting standard will lessen or worsen a recession, and what banks can do about it.