Covid-19 Related Content

WSJ: COVID-19 Makes Fed’s Banking Stress Tests Look Easy

The Wall Street Journal reported that as U.S. bankers prepare for their annual stress tests, many are realizing that the impact of COVID-19 is far worse. read more

Hilco: Strategies for Lenders with Retail Market Portfolio Exposure

Hilco Global has issued a series of strategic recommendations to assist lenders with current portfolio exposure in the retail market to take action during the near-term fallout of the current COVID-19 pandemic. read more

ELFA Launches Federal Government COVID-19 Response Webpage

The Equipment Leasing and Finance Association launched the Federal Government COVID-19 Response Resource webpage. read more

Moody’s Shifts Aerospace and Global Defense Outlook to Negative

Moody’s has adjusted its outlook of the aerospace and global defense sector to negative as coronavirus-driven groundings set to hit aircraft deliveries. read more

WSJ: U.S. Airlines Discuss Potential Shutdown

The Wall Street Journal reported that U.S. airlines are planning to voluntarily shutdown most domestic passenger flights, according to officials from the industry and government. read more

F.N.B. Provides Support for Customers and Businesses Affected by COVID-19

F.N.B., parent company of First National Bank, implemented additional measures to further support customers who are experiencing financial hardships as a result of the COVID-19 coronavirus. read more

First Midwest Provides Relief Programs for Clients Impacted By COVID-19

First Midwest Bank is offering several programs and services designed to alleviate some of the financial stress and burden its clients may be facing due to the COVID-19 pandemic. read more

COVID-19 Inspires Innovative Work Solutions

Cort Brady

Just two weeks ago, the world looked as it nearly always does; businesses buzzed in a thriving market. Though news of a virus began surfacing, many expected and hoped it would pass quickly. Fast forward to the present, and the... read more

Regulators Offer Guidance for Troubled Debt Restructurings

The Fed, FDIC, NCUA, OCC, CFPB and state banking regulators issued an interagency statement for financial institutions working with borrowers affected by the coronavirus. FASB concurs with the approach. read more

NFS Leasing Provides Funding to Gravity Diagnostics for COVID-19 Testing

NFS Leasing has partnered with Gravity Diagnostics, a CLIA laboratory providing innovative laboratory services including testing of COVID-19. read more

PwC Survey: CFOs Worry About Global Economic Downturn

A new PwC pulse survey shows how finance leaders plan to react to COVID-19 — and what impacts they expect to see. read more

Wells Fargo Provides Aid for Customers, Communities Impacted by COVID-19

Wells Fargo announced additional comprehensive steps to help customers, communities and employees grappling with the impact of COVID-19. read more

When Your Supply Chain Gets Sick

As the coronavirus continues to disrupt global supply chains, sectors with increased exposure to China, including technology, manufacturing, auto and retail, are most at risk. Can modern companies with experience handling supply chain disruption minimize the threat posed by the virus?... read more

Ritchie Bros. Increases Online Auction Participation Amidst COVID-19 Concerns

In response to rising COVID-19 concerns, Ritchie Bros. is making temporary changes to its on-site auctions to increase online participation. read more

Fed, Central Banks Step Up Coronavirus Response

The Federal Reserve has increased its response to COVID-19, issuing its second rate cut this month and reducing reserve requirements ratios to 0%. Central banks announced coordinated action to enhance the liquidity of the U.S. dollar. read more

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