Banks Are Hiding How Much Trouble They Are In
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Banks Are Hiding How Much Trouble They Are In

by Avi Gilburt, Gold Seek: The Financial Times reported that new reporting rules set to take effect in the autumn will allow banks to hide troubled loans and conceal signs of distress in their lending portfolios. The new rules mean U.S. banks no longer have to disclose the total outstanding amount of loans whose terms were modified […]