Rule on auditing loan losses set stage for bank guarantee catastrophe
Even with different rules we would likely have faced a deep crisis in 2008
Loophole used by banks to hide property losses to be closed
New accounting rules will force lenders to make provision for souring loans earlier
Taxpayers paying dearly as banks conceal loan losses
Opinion: European bank balance sheets remain clouded in uncertainty because of rules that militate against disclosure
Bank loan loss problem has not gone away
The flawed rules which allowed Europe’s banks to conceal losses remain in place
Pension deficits are no longer a matter for shareholders to be relaxed about
Pension fund deficits are a problem for potential acquirers – shareholders and investors take note
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