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ebiz版 - Big Banks Mask Risk Levels zz
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话题: levels话题: banks话题: risk话题: inc话题: bank
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1 (共1页)
t**s
发帖数: 4026
1
Major banks have masked their risk levels in the past five quarters by temp
orarily lowering their debt just before reporting it to the public, accordin
g to data from the Federal Reserve Bank of New York.
A group of 18 banks—which includes Goldman Sachs Group Inc., Morgan Stanley
, J.P. Morgan Chase & Co., Bank of America Corp. and Citigroup Inc.—underst
ated the debt levels used to fund securities trades by lowering them an aver
age of 42% at the end of each of the past five quarterly periods,
1 (共1页)
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