According to a Bloomberg report, banks’ loan-loss reserves may jump 50% under a proposed U.S. accounting-rule change that redefines how quickly firms must recognize bad debts, standard-setters said.
The report outlines how the proposed rule pushes...
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December 21, 2012, 07:14 AM
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According to a news release from Fitch Ratings, the firm believes that loan loss reserve releases by U.S. banks will continue, albeit at a declining pace as banks begin to approach normalized provisioning and net chargeoffs After building up reserves...
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November 15, 2012, 07:16 AM
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