SEC Moves on Troubled Debt Restructurings Put Renewed Focus on US Banks
Posted on March 07, 2011 at 13:27 PM EST
Recent news reports that the U.S. Securities and Exchange Commission (SEC) is investigating various US banking institutions as to accounting and disclosure of troubled debt restructurings (TDRs) primarily related to commercial loans is likely to put renewed focus on this issue for the banking industry, according to Fitch Ratings Fitch continues to [...]