Our Blog

Category: Banking

changes to overtime rules

COVID-19 Update: Loan Modifications for Banks

On March 22, 2020, regulators released an interagency statement on loan modifications by financial institutions working with customers affected by the coronavirus.  This statement applies

bank-banking-close-up

How to Prepare for LIBOR Replacement

The London Interbank Offered Rate, or LIBOR, has been used for decades as the benchmark interest rate for many bank loans, including commercial and small business loans. But regulators have set a goal of