As banks prepare to implement the current expected credit loss accounting standard, the financial regulatory agencies have issued a proposed interagency policy statement on allowances for credit losses and proposed interagency guidance on credit risk review systems.
Ryan James reflects on how Surety Bank supported its customers through the financial crisis and how he’s positioning the 93-year-old institution for the next 90 years.
The OCC today released its bank supervision operating plan for fiscal year 2020, identifying what each of the agency’s supervisory operating units will focus on for the new federal fiscal year that started Oct. 1.
Heated competition for bank funding is an increasingly important focus for community bank leaders, according to an annual survey released today by the Federal Reserve, the FDIC and the Conference of State Bank Supervisors.
The essential question for any board risk committee can be boiled down to two words: What if? And these days, one of the burgeoning what-if questions focuses on the risk of a global recession.
Liens and judgments aren’t reflected in credit scores, but customers who have them pose increased credit risk.
With leveraged lending-related risk on regulators’ minds — and on the agenda of the House Financial Services Committee tomorrow — the ABA Banking Journal Podcast discusses the issue with ABA Senior Economist Curtis Dubay.
Regulatory agencies are focused on the growth of credit risk outside the banking industry, according to remarks by top officials at the ABA Washington Summit today.
Loan committees and chairs should be positioned to play a role to facilitate discussions about the new loan loss accounting standard.
The federal banking agencies have found improved credit quality in the Shared National Credit portfolio, a bundle of large syndicated bank loans that includes 8,571 credit facilities and 5,314 borrowers — and totals $4.4 trillion, according to the SNC Review released today. Despite the improvement, however, risk remains elevated compared to prior economic cycles, they