Goodwill
BMO takes C$983m loss on Bank of the West merger hedges
Temporary inversion of yield curve hit swaps safeguarding target’s fair value
Interest rate swaps help BMO keep M&A deal on track
Hedges to safeguard the Bank of the West acquisition have already yielded $2.7bn in mark-to-market gains
Intesa’s RWAs bloat on UBI merger
Credit risk-weighted assets increased 16% post-takeover
Goodwill makes up $69bn of BAML’s equity
Across eight US G-Sibs, goodwill comprises 18.7% of pre-adjusted CET1 capital
One-fifth of EU G-Sibs’ equity ineligible as capital in 2018
Goodwill and intangibles made up €114 billion of pre-adjusted equity
Basel arbitrage warning leaves dealers guessing
Banks told to avoid trades that offset regulatory adjustments, but details are thin
Switching from UK GAAP unlikely to boost hedge fund profits
Accountants caution UK managers seeking IFRS tax arbitrage
Cutting Edge introduction: Goodwill for DVA
Goodwill blunting
DVA for assets
DVA for assets
Bank of America Merrill Lynch reveals $1.2 billion loss for Q4
BAML reveals $1.2 billion loss for Q4
Final US goodwill rule issued
Daily news headlines
Goodwill accounting changes welcomed
REGULATORY UPDATE
US agencies address goodwill deductions from Tier I capital
Daily news headlines
Basel Committee announces "no action" on accounting issues
On Tuesday the Basel Committee on Banking Supervision issued a press release on the potential impact on regulatory capital of the implementation of certain International Financial Reporting Standards (IFRS).