Fitch: Bank reserves to be hit by FASB loan impairment proposal

03/19/2013 | Accounting Today

If a Financial Accounting Standards Board proposal on the treatment of credit losses for loans is implemented, bank reserves and earnings could come under pressure, Fitch says. The FASB's loan loss model could require U.S. banks to report asset values more conservatively than foreign financial institutions, according to Fitch.

View Full Article in:

Accounting Today

Published in Brief: