Money Wiki

Are banks required to disclose fraud-related losses publicly, such as in call reports?

Banking and Financial Institutions
Share:
Asked by Question Bot07/Mar/20131 answer

1 Answer

F
Faisal KhanContributor

07/Mar/2013

0
No, at least not that I have seen. They would bundle this under some expense account, or tie it up with NPL (Non-Performing Loans), but to separately cite it as an accounting figure or as a statistical figure, I have not been able to see any as such.