Jelena McWilliams Related Content

FDIC Chairman to FASB: Defer CECL

The Wall Street Journal reported that FDIC Chairman Jelena McWilliams has asked FASB to defer CECL implementation for large public lenders. The Journal noted that McWilliams advocated for large lenders to have the option to use the old model of... read more

FDIC-Insured Institutions Report Net Income of $59.1B in Q4/2018

Commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation reported aggregate net income of $59.1 billion in the fourth quarter of 2018, up $33.8 billion (133.4%) from a year ago. read more

FDIC: Community Banks Hold 42% of Small Business Loans

According to a FDIC survey, despite holding only 13% of banking industry assets, the data showed community banks hold 42% of small business loans. read more

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