More AOCI bashing

Banks again blame the accounts for their own abysmal performance. More worryingly is the way the press reports on this. See Business Report writing it up: Wells Fargo and JPMorgan Chase, the most profitable US…

Additional tweaks for US Basel III implementation

From Bank Credit News, Alexandra Villarreal reports: Banking regulators, including the OCC, Federal Reserve and FDIC, approved a revised final rule on regulatory capital designed to bolster the U.S. financial system and reduce the regulatory…

AOCI rule effects – nine banks affected.

I just checked the Basel III AOCI rule – discussed by Reuters last week – using real data from bank holding companies. This is what inclusion would amount to, using 12/31/2012 data from US bank holdings,…