This blog post was featured on Forbes.com.
One of the "Five Things Every Financial Services Professional Needs To Know For 2018" goes by the acronym CECL, which stands for "current expected..
Many stakeholders wonder why the CECL model requires an entity to recognize a credit loss for a financial asset that was just purchased at fair value.
Pay your taxes. Walk the dog. Submit that expense report. Each of us has that ever-growing catalogue of tasks to accomplish and slowly cross items off the list. Whether we are holding ourselves..
Throughout 2018, senior leadership – and even the boards – of major financial institutions in New York will be discussing cybersecurity. This is something most security professionals have been..
As CECL’s effective date draws nearer, many now recognize that CECL requires an estimate of the expected credit losses over the life of the instrument be recognized on Day 1 and subsequent..
As I sent my son back to school last month, I quickly realized the carefree days of summer were behind us. It means battles over stricter bedtime, doing homework and more screen-time limits. It..
The final month of a NYC summer never gets any easier. The subway stations turn into communal saunas, half the workplace has gone on vacation leaving you as their “out of office urgent matters..
I used to define negotiation as that arduous battle of wills between two parties that was best illustrated by my least favorite activity in the world…buying a car. That was until I became a..
There is nothing quite as exciting (or expensive) as having a baby. My husband and I are still wrapping our heads around the price tag associated with raising our child. Similarly, a critical..
Last weekend I played “The Game of Life” with my son and I realized how early we expose our kids to the concept of risk. As he approached the choice to take “The Safe Path of Life” or “The Risky..
Incidents of serious misconduct such as Foreign Exchange (FX) rate manipulation and trader collusion have led to a deterioration of trust and confidence in the wholesale FX market as well as..
I recently took my six-year old to see Beauty and the Beast. After the movie, he began asking questions like “Why did the Beast throw the rose on the ground?” or “Why did the Enchantress turn the..