FDIC reveals impact of securitisation rule change on banks

US banks saw their assets grow by $248.6 billion in the first quarter of the year, after new accounting rules compelled them to bring hundreds of billions of dollars worth of securitised loans back on balance sheet.

According to data collected by the Federal Deposit Insurance Corporation (FDIC), “total assets reported by insured institutions were $248.6 billion (1.9%) higher than at the end of 2009, but this was entirely due to a $294.9 billion (69.9%) increase in credit card loans caused by the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here