Accounting standards

Among other things, the letter asked the regulators to ease requirements for a new community bank leverage ratio and analyze the impact of the pending CECL accounting change.

The new accounting standard meant for publicly traded firms creates greater headaches for privately held community banks.

Regulators should proceed with removing one of the margin requirements for trading swaps.

FASB may have voted to delay its controversial new credit loss standard, but credit unions who use that delay as an excuse to further procrastinate are setting themselves up for failure.

A court ruling deals a blow to efforts by HUD to restrict nonprofit housing funds from operating on a national scale; most banks get another year to implement CECL; PNC chief William Demchak plans to enter more markets and more from this week’s most-read stories.

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The company will work on Libra, but won’t issue digital currency without proper authority; the bank’s profit dropped 8% on reduced revenue.

After FASB's decision to give most credit unions and banks extra time to prepare, lobbying groups are pushing for more.

After FASB's decision to give most banks extra time to prepare, lobbying groups are pushing for more.

The decision gives the vast majority of banks and credit unions another year to implement the controversial accounting method for loan losses.