Fresh Today

Fresh Today

MADISON, Wis. — Membership in credit unions around the world has now surpassed more than 260 million people globally. The announcement comes as credit unions prepare to celebrate International Credit Union Day on Thursday.

WASHINGTON—JPMorgan Chase, Citigroup and Wells Fargo are all voicing concerns over the Financial Accounting Standards Board's (FASB) current expected credit loss (CECL) standard and how it will impact their capital, among other issues.