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News Stories (2 Results) - Loan Loss Reserves

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... Read Story
December 21, 2012, 07:14 AM


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... Read Story
November 15, 2012, 07:16 AM