First Research Publishes Quarterly Update For Banks
- November 30, 2009
As a member of PKF, an association of almost 100 legally independently accounting and consulting practices with offices throughout North America, we have access to all of First Research's quarterly updates for many different industries. Here is the most recent update for banks and credit unions: First Research Banks and Credit Unions Quarterly Update.
Thomas Jefferson’s Top 10 Quotes On Money And Banking
- November 2, 2009
Nothing ever changes. Thomas Jefferson was criticizing big banks at the beginning of our history... From the Daily Bail, a website devoted to bailout news, opinion and analysis: Can We Party like it's 1776 and Just Start Over? Thomas Jefferson's Top 10 Quotes on Money and Banking
Commercial Lending…More Lessons: Equity and Contingent Liabilities
- October 26, 2009
In addition to those detailed in our article, Commercial Lending...After The Crisis: Back To Basics, here are two more hard lessons learned from the financial crisis:
Commercial Lending…After The Crisis: Back To Basics
- October 1, 2009
Now that we have digested the fact that most banks' loan portfolios are weaker today than they were two years ago, it's a good time to review a few of the basics of commercial lending.
(Unofficial) Problem Bank List
- September 22, 2009
I found this list of problem banks published by www.calculatedriskblog.com. This list is sortable and even includes the type of Enforcement Action, the reason and the agency.
Consumer Financial Protection Agency A Bad Idea!
- August 4, 2009
The American Bankers Association (ABA) and most bankers believe that the creation of a new regulatory agency to oversee consumer protection is a bad idea. The ABA on it's website is "asking all bankers to contact their Members of Congress to let them know that creating creating a new consumer agency is not the solution. It would only complicate our existing regulatory structure by adding another layer of bureacuracy with no guarantee of better consumer protection."
Thinking Of Switching Bank Charters? Think Again
- July 21, 2009
The FFIEC just issued Statement on Regulatory Conversions that will make it harder for financial institutions subject to enforcement actions to switch charters.
How Will Obama’s Tax Proposals Affect You?
- May 29, 2009
CCH recently published their Tax Briefing on the Obama Administrations "Green Book" of tax proposals. The Obama administration released much-anticipated details about its proposed tax cuts and revenue raisers on May 11. The Treasury Department’s General Explanations of the Administration’s Fiscal Year 2010 Revenue Proposals (also known as the “Green Book”) describes the administration’s tax agenda.
Grant Thorton Addresses Bank Capital Requirements in Letter to Regulators
- May 13, 2009
On May 6, 2009 public accounting firm, Grant Thorton sent a letter to Timothy Geithner, Ben Bernanke and Sheila Bair addressing bank capital requirements and the allowance for loan losses. I believe that this letter completely explains the auditor's viewpoint on these two issues and offers the regulators a solution to protecting banks from future losses.