Test results expected to be released in early May
Review prompted by methodology change
Wachovia acquisition is exceeding expectations
Agreements would allow Fed to provide foreign currency liquidity to U.S. banks
The Financial Accounting Standards Board approved planned changes to mark to market accounting rules on Thursday, pleasing some in the U.S. financial industry, but raising concerns for others.Research firm CreditSights Inc. explains that the new position will allow banks to value securities using cash flow models rather than market prices when markets are considered not […]
Any relaxation would take pressure off of financial institutions
Firms have developed systematic approaches towards reflecting risk in performance measurement
The Basel Committee on Banking Supervision says that it must update the regulatory framework for banks to prevent a recurrence of the financial crisis in the future.Speaking to the European Parliament’s Committee on Economic and Monetary Affairs on Monday, Nout Wellink, chairman of the Basel Committee and president of the Netherlands Bank, noted that “supervisors […]
Sale of legacy assets could trigger further writedowns
Taking rates lower would pose problems for the banking sector