Wallet

That Ol’ Share-of-Wallet Issue

NeuGroup’s Assistant Treasurers’ Leadership Group tackles managing banks and the corporate wallet.

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Libor to SOFR Switch Will Be Challenging

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Accounting & Disclosure

Lenders Unhappy With New FASB Guidance

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December 08, 2018

Banks protest accounting change that could impact corporate and consumer loans.

Several banking trade groups have sent US Treasury Secretary Steven Mnuchin letters requesting that a new accounting standard changing how banks calculate loan-loss reserves be delayed for further analysis, given its potentially detrimental impact on bank lending.
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