Amidst all the challenges facing commercial banks during the pandemic, there also looms a problem on the approaching horizon - can they meet regulators' deadline to switch from LIBOR to SOFR? A look at the issues involved and whether the deadline is realistic.
The hotel industry has been one of the hardest hit sectors of the economy during the pandemic. What does that mean for the banks that have lent money to hotels? And what methods are banks using to give hotels time to regain their financial footing?
A banking CEO recently made some scathing public comments about CECL. Is his view widespread? And what's at the root of dissatisfaction with the accounting standard?
PrecisionLender's Gita Tholleson, author of the recent report "Risk Levels and Bank Behaviors During COVID-19" joints the podcast to discuss her findings.