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Homeretail loans

The adventures of CECL in banking land

27 May 2020BanksAccounting, CECL, corporate loans, IFRS 9, loan loss provisions, retail loansNick Dunbar

Should accounting be independent of bank supervision? The arrival of IFRS 9 provisioning at the height of the Covid-19 crisis has exposed a three way tussle between auditors, regulators and bank management.

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Goldman deploys slimmed-down model in retail push

17 December 2019BanksApple Inc, Basel rules, Goldman Sachs, qualifying revolving exposures, retail loansNick Dunbar

Goldman Sachs is venturing into consumer lending, with the help of Apple Card. Part of the strategy involves dramatic changes to the bank’s risk models

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