Issues : COVID-19

article | April 15th, 2020

Why We Ignore Big Risks

The author of “The Gray Rhino” explains how we can better prepare for the next big risk.

By: Emily McCormick, vice president of research for Bank Director
BD Article
article | April 13th, 2020

Loan Modification Rules Suspended in Race to Minimize Pandemic Losses

How banks should account for and record the modified loans of borrowers impacted by the new coronavirus has become an increasingly urgent issue.

By: Kiah Lau Haslett, managing editor for Bank Director
BD Article
article | April 10th, 2020

COVID-19 Poses New Cybersecurity Challenges for Banks

While social distancing has helped control the COVID-19 pandemic, it has also heightened the banking industry’s cyber risk.

By: Jack Milligan, editor-at-large for Bank Director
article | April 9th, 2020

Directors’ Defense Against the Pandemic Impact on Credit

Bank directors and executives need to act quickly and deliberately if they are going to be successful during this very difficult time.

By: T. Alexander Spratt
BD Article
article | April 6th, 2020

A Bank Board’s Role During a Pandemic

The role of the board, even in a crisis of this magnitude, is still to provide oversight rather than manage.

By: Jack Milligan, editor-at-large for Bank Director
BD Article
article | April 3rd, 2020

Banks Brace for Exploding SBA Loan Demand

Small businesses bear the brunt of the economic crisis created by the COVID-19 pandemic. Banks can help them weather the storm — if the SBA provides the right support.

By: Emily McCormick, vice president of research for Bank Director
article | April 2nd, 2020

Coronavirus Underlines Digital Transformation Urgency

Offering digital business banking functions has become a necessity for banks during a pandemic.

By: Dan O'Malley
FinXTech
article | April 1st, 2020

COVID-19: A Make-or-Break Moment for Customer Loyalty

COVID-19 is a make-or-break moment for customer loyalty. Banks need data and helpful digital tools to rise to the occasion.

By: Amber Buker, program director for FinXTech Connect
BD Article
article | March 27th, 2020

Coronavirus Sparks CECL Uncertainty

CECL could put pressure on bank allowances in its first full quarter, but proposed relief from Congress creates uncertainty for the standard itself.

By: Kiah Lau Haslett, managing editor for Bank Director
BD Article
article | March 25th, 2020

Why This Crisis Is Different

The unusual origin of this crisis will dictate how it unfolds.

By: Jack Milligan, editor-at-large for Bank Director