Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks
PYMNTS
FEBRUARY 5, 2020
In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. billon, American Express by $2.7 Peeking Under the CECL Hood.
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