By Dena Aubin
NEW YORK, Nov 2 (Reuters) – U.S. rule-makers are mulling an expansion of fair-value accounting to land and buildings held for investment, a change that could reshape the balance sheets of hundreds of real estate companies.
Fair value, which measures assets by their market worth rather than historical cost, is at the center of a big debate in the banking sector, where the Financial Accounting Standards Board is broadening its use. (more…)
FRANKFURT, Oct 13 (Reuters) – The German government completed the nationalisation of stricken lender Hypo Real Estate on Tuesday, setting the stage for a prolonged legal battle with minority shareholders, including J.C. Flowers.
By Patrick Rucker
WASHINGTON, July 9 (Reuters) – Many U.S. banks need to check their commercial real estate holdings more carefully and ensure that a continued decline in the property market does not threaten the lender, a Federal Reserve bank examiner said on Thursday.
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