Bank Accounting & Finance articles from March 2001

Bank Accounting & Finance archives from March 2001

Worth a Thousand Words.(Statistical Data Included)(Brief Article)
March 22, 2001... Sometimes a bank can have too much of a good thing--auto loans, for example. Maybe the large costs of advertising and promotion to increase volume cannot be recouped, given the expected number of new loans. Maybe liquidity will be adversely...

Effective Asset/Liability Management Reporting for Community Banks.(Statistical Data Included)
March 22, 2001... Imagine you are the asset/liability management (A/LM) "guru" at the bank, sitting in a conference room thoroughly prepared for the upcoming asset/liability committee (ALCO) meeting. You have run the analysis of your asset/liability management...

Payments and Settlement Systems: Future Players and Issues.(Statistical Data Included)(Brief Article)
March 22, 2001... The payments system is evolving toward an ever more universal and sophisticated level of operation. Payments system innovations are an integral component of the new e-conomy. In both wholesale and retail areas, new technologies, new...

A Comparison Between Book and Market Values in Predicting Thrift Closure.(Statistical Data Included)(Brief Article)
March 22, 2001... Book-value accounting has been a useful valuation tool, but, as markets become more volatile, some suggest market-value accounting should be implemented more aggressively. Book values are historically based and usually not updated when markets...

The New Basel Capital Accord.
March 22, 2001... On January 16, 2001, the Basel Committee on Banking Supervision (Basel committee) released its second iteration of a new Basel Capital Accord. This proposal modifies and substantially expands on an earlier proposal that was issued by the Basel...

Impact of the Push-Out Provisions of the Gramm-Leach-Bliley Act.
March 22, 2001... The Gramm-Leach-Bliley Act (GLB) of 1999 is landmark legislation that repeals core provisions of the Glass-Steagall Act and the Bank Holding Company Act (BHCA) that restricted cross-industry affiliations among commercial banks, investment...

SEC Staff Addresses Current Accounting and Reporting Issues.
March 22, 2001... Representatives of the Securities and Exchange Commission (SEC) staff addressed accounting and reporting issues at the 28th Annual American Institute of Certified Public Accountants (AICPA) National Conference on Current SEC Developments,...

Securities and Exchange Commission Revises Its Auditor Independence Requirements.
March 22, 2001... On December 5, 2000, the Securities and Exchange Commission (SEC) adopted amendments to its Rule 2-01 of Regulation S-X and Item 9 of Schedule 14A under the Securities Exchange Act of 1934 (the Exchange Act) regarding auditor independence. The...

New Developments in Hedging for Banks: Interaction of SFAS No. 133 and Tax Hedging.
March 22, 2001... On January 1, 2001, Statement of Financial Accounting Standards (SFAS) No. 133, "Accounting for Derivatives and Hedging Transactions," became effective for companies reporting earnings on a calendar year (which generally includes banks). While...

Eleven Steps to Success in Data Warehousing.
March 22, 2001... More and more financial institutions are using data warehousing as a strategic tool to help them win new customers, develop new products, and lower costs. Searching through mountains of data generated by corporate transaction systems can...

Selective Disclosure and Insider Trading.
March 22, 2001... Recently, the Securities and Exchange Commission (SEC) adopted Regulation FD (Fair Disclosure), Rule 10b5-1, and Rule 10b5-2 and adopted amendments to Form 8-K to promote the full and fair disclosure of information by issuers and to clarify and...