balance sheet news from FierceFinance

The Bank of America Merrill Lynch Global Broad Market Corporate Index has gained 1.02 percent this year, which Bloomberg says is the best start since 1998. At the same time, the environment for... Read more...

We've spent most of our time discussing the TARP babies in the core banking industries--Citigroup (C) and Bank of America (BAC). AIG was a big part of the discussion as well. But equally sick is... Read more...

Calyon Securities analyst Mike Mayo, who can definitely move a stock, shocked Citi (C) shareholders with a report that noted the bank might write down about $10 billion in deferred-tax assets in the... Read more...

So how big a deal will the switch from FAS 140 to FAS 166 and FAS 167 be? That's a big question right now, though few are voicing any real concern. The switch will require banks to bring a host of... Read more...

The imminent collapse of Guaranty Bank, which will be the largest failure this year, is shaping up as a huge regulatory nightmare. Given its far flung operations and big balance sheet woes, a buyer... Read more...

Recall that, in June FASB ruled that banks have to take all the off-balance sheet assets they hold in qualified special purpose entities (QSPEs) and put them back on their balance sheets. That has... Read more...

Bank of America's investor relations folks scored a victory of sorts when they were able to persuade KBW analyst Jefferson Harralson to change his recent report on the bank the day after some... Read more...

The New York Times notes some Barclays research which shows that roughly $172 billion in debt will mature later this year, while $245 billion will mature next year. That amounts to about $25 billion... Read more...

Is Wall Street really being fundamentally restructured? Will the industry now look all that different from the industry that existed about five years ago? Maybe not. At a Bloomberg News event,... Read more...

Cash is king, as it often is in times of crisis. Top financial services firms have been building their cash and near-cash positions, even as they face pressure to increase lending, notes Fortune. A... Read more...