Money

Banks were already feeling the impact of COVID-19. This new accounting rule doesn’t help

Russ Wiles, Arizona Republic Comments Off on Banks were already feeling the impact of COVID-19. This new accounting rule doesn’t help

The coronavirus pandemic may cause banks to face eroding profits on a grand scale, and tougher rules on calculating future losses aren't helping.

      
Russ Wiles, Arizona Republic
http://api-internal.usatoday.com.akadns.net

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