Tim McPeak

While many in banking remain vaguely aware of CECL—the current expected credit loss standard—there’s a point to getting past the tongue-twisting name: It signifies one of the most profound revolutions in financial services in generations. In […]

A recent poll asked financial services leaders when their organizations expect to execute preliminary current expected credit loss (CECL) calculations for the allowance for loan and lease losses (ALLL). And their statements on the future have […]

In December 2012, the Financial Accounting Standard Board (FASB) proposed a new current expected credit loss (CECL) model. With it came a number of changes and controversy, as institutions recognized the potential of an increase in […]