Westport Geek

A Financial Technologist's Blog

Conscious Balance-Sheet Management

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“Three big banks—Bank of America Corp., Deutsche Bank AG and Citigroup Inc.—are among the most active at temporarily shedding debt just before reporting their finances to the public”

“Over the past 10 quarters, the three banks have lowered their net borrowings in the “repurchase,” or repo, market by an average of 41% at the ends of the quarters, compared with their average net repo borrowings for the entire quarter”

Quarter-end window dressing techniques is so common that this news should not have come in as a surprise at all. Now the real question, how do they do it?

WSJ : Banks Trim Debt, Obscuring Risks


Written by walkinggeek

May 26, 2010 at 9:15 am

Posted in ALM

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