* The new accounting standard, known as the current expected credit loss, or CECL, is expected to change the pricing strategy in U.S. bank deals. Banks and investors are concerned that CECL's treatment of acquired loans will complicate the M&A modeling by counting twice the credit risk for the acquired loans.
* President Donald Trump, in an Aug. 19 tweet, called for the Federal Reserve to reduce its benchmark rate by at least 100 basis points, along with some quantitative easing.
* Federal Reserve Bank of Boston President Eric Rosengren said the Federal Reserve does not need to ease its policy at the moment. However, he said he is open to the idea of easing policy but would want to "see evidence" that signal an approaching downturn.
* Goldman Sachs Asset Management's Petershill program acquired a minority stake in Toronto-based alternative investment firm Slate Asset Management.
* Capital One Financial has agreed to acquire Tysons Corner, Va.-based investment banking firm KippsDeSanto in a deal expected to close towards the end of the third quarter.
* Wellington, Texas-based WSB Bancshares is seeking direct control of First Paducah Bancshares of Texas by merging its unit, Wellington State Bank, with the latter.
* Baton Rouge, La.-based Investar Bank agreed to acquire two branches of PlainsCapital Bank in Texas in a deal which is expected to close by the first quarter of 2020.
* Gibraltar-based cryptocurrency exchange startup INX is planning to raise about $129.5 million in an initial public offering, according to a Form F-1 filed with the U.S. Securities and Exchange Commission.
* New York-based asset manager Centerbridge Partners agreed to make a significant investment in insurance technology provider GoHealth.
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