FDIC says change to securitization rule bolsters banks' assets

05/23/2010 | Risk.net (subscription required)

Recent changes to accounting rules resulted in about $295 billion worth of securitized loans returning to banks' balance sheets, according to the Federal Deposit Insurance Corp. Insured institutions' total assets surged $248.6 billion at the end of last year because of credit card loans returning to their loan balances.

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