It is fair to say that the acquisition and leveraged finance industry has shown resilience in relation to the difficult global situation arising from the covid-19 pandemic, particularly in comparison to the previous global...more
Further economic measures provide support for small and mid-sized businesses, as well as state and local economies facing pandemic hardships.
The Federal Reserve, in its continuing efforts to safeguard financial markets,...more
4/22/2020
/ CARES Act ,
Coronavirus/COVID-19 ,
Credit Facilities ,
Federal Reserve ,
Financial Stimulus ,
Main Street Lending Programs ,
Main Street New Loan Facility ,
Municipal Liquidity Facility (MLF) ,
Paycheck Protection Program (PPP) ,
Primary Market Corporate Credit Facility (PMCCF) ,
Relief Measures ,
SBA Lending Programs ,
Secondary Market Corporate Credit Facility (SMCCF) ,
SPVs ,
Term Asset-Backed Securities Loan Facility (TALF)
Federal Reserve set to make up to $600 billion available to eligible small and mid-sized businesses.
On April 9, 2020, the Board of Governors of the Federal Reserve System (Federal Reserve) announced details regarding the...more
The three US federal banking agencies continue to take additional steps to promote the functioning of the financial system in the face of the pandemic.
The three US federal banking agencies - the Board of Governors of the...more
4/10/2020
/ Accounting Standards ,
Brokered Deposits ,
Community Banks ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Counterparty Risk ,
Credit Facilities ,
CSBS ,
Current Expected Credit Losses (CECL) ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Leverage Ratio ,
NCUA ,
OCC ,
Volcker Rule
The facility is expected to increase funding and liquidity for the program and should allow lenders to move PPP loans off their balance sheets.
On April 6, 2020, the Federal Reserve announced its intention to facilitate...more
US Congress set to make more than $500 billion available to eligible larger businesses.
On March 27, 2020, President Donald J. Trump signed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act). The CARES Act...more
The three US federal banking agencies have taken additional steps to enable the financial system to continue functioning during the pandemic.
The three US federal banking agencies — the Board of Governors of the Federal...more
3/25/2020
/ Banking Sector ,
Capital Requirements ,
Commercial Paper ,
Coronavirus/COVID-19 ,
Credit Facilities ,
Emergency Response ,
FDIC ,
Federal Reserve ,
Financial Institutions ,
Financial Markets ,
Liquidity ,
Money Market Funds ,
OCC
The three US federal banking agencies have taken steps to enable the financial system to continue functioning during the pandemic.
During the course of this week, the three US federal banking agencies — the Board of...more
3/20/2020
/ Banking Sector ,
Commercial Paper ,
Community Reinvestment Act ,
Consumer Financial Products ,
Coronavirus/COVID-19 ,
Corporate Issuers ,
Credit Facilities ,
Depository Institutions ,
Emergency Management Plans ,
FDIC ,
Federal Reserve ,
Interest Rates ,
Liquidity ,
Money Market Funds ,
OCC ,
State of Emergency