Banking


The Treasury Department’s Office of Thrift Supervision (OTS) advises savings associations to consult it before they consider transferring to an external entity their high-risk assets—such as nonperforming loans—when the bank retains significant credit risk related to those assets and simultaneously provides considerable funding to the receiving entity ( www.ots.treas.gov/docs/25156.pdf ). In order to remove troublesome assets from their balance sheets, the watchdog agency says, some banks have executed such transactions and inappropriately accounted for them as sales.

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Keeping you informed and prepared amid the coronavirus outbreak

We’re gathering the latest news stories along with relevant columns, tips, podcasts, and videos on this page, along with curated items from our archives to help with uncertainty and disruption.

VIDEO

Excel walk-through: Sparklines

Want to liven up your spreadsheets with some color and graphical elements? Kelly L. Williams, CPA, Ph.D., shows how to use Excel sparklines, which illustrate data trends and patterns via small charts that fit in a single Excel cell.