HSBC got plenty of attention when it disclosed that it had suspended foreclosures in its annual report Monday. But its not the only bank whose annual report made for interesting reading. The risk disclosures in banks’ annual reports shed some light on their attitudes toward the mortgage mess.
Continue reading The Risks of the Mortgage Mess: The Banks’ View
The Risks of the Mortgage Mess: The Banks’ View originally appeared on DailyFinance on Wed, 02 Mar 2011 22:30:00.
Filed Under: Company News, JP Morgan Chase, Bank of America, Citigroup, Wells Fargo & Co, Real Estate