FASB votes to end “CECL double count” in bank acquisitions
The Financial Accounting Standards Board voted to eliminate the CECL "double count" that is often recorded in bank mergers and acquisitions.
The Financial Accounting Standards Board voted to eliminate the CECL "double count" that is often recorded in bank mergers and acquisitions.
By Lindsay Torrico Each year, on Teach Children to Save Day, banks across the country participate in creating a lasting, positive impact on young people and their financial futures. This year, more than 11,000 bank volunteers from nearly...
The non-farm private sector gained 62,000 jobs in April and annual pay was up 4.5% Year-over-Year, according to the ADP National Employment Report.
Personal income rose 0.5% or $116.8 billion in March, the Commerce Department said. The personal savings rate was 3.9%.
Pending home sales increased 6.1% in March from the prior month, the National Association of Realtors said.
Real gross domestic product decreased at an annual rate of 0.3% in the first quarter of 2025, according to the Commerce Department’s first estimate.
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