Investors baffled by banks as art meets science in accounting rule

Investors baffled by banks as art meets science in accounting rule

Investors have been left puzzled by their outcomes due to the different ways in which the potential losses are being calculated by the top banks around the world. The new accounting rules called the IFRS9 are being rooted as being the reason for the discrepancies.

Simone
Simone
O.T.Q.D
O.T.Q.D 3 weeks

I have a bank account, I choose not to use direct deposit. to think that you have to wait for a check to be delivered ...ceazy. It isn't like there are a whole bunch of Americans who do not have a bank account. What a disingenuous title.

Danny
Danny 3 weeks

I've got a bank account and so do most of my friends. Only a few people I know have seen any money yet.

Doug
Doug 3 weeks

Imagine if we had infrastructure in place to send out debit cards instead of checks.

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