The reporting requirements do not go into effect immediately, but the commission also approved an interpretive release reminding companies that under current law they could not use financing structures — including off-balance sheet securities or investments — aimed at masking their reported financial condition.
Although State Street reported its net income jumped in the third quarter, investors are worried about the institutional money manager's balance sheet and securities positions, sending its shares tumbling.
But they have declined, because they dare not cram even more assets onto their already strained balance sheets.Yet securities of these types should be more resilient than those tied to subprime loans.
The world's central banks have accelerated globalization's advance by dropping their interest rates to unsustainable lows while loading their balance sheets with securities that were damaged by the previous downturn.
R.B.S. is now undergoing a significant reorganization that aims to strengthen its balance sheet, shrink its securities unit and cut costs by shedding units and employees while adding customers.
Second, we have taken steps to strengthen our balance sheet through successful securities offerings.
Its 1991 balance sheet cited "Marketable securities" worth $23 million, down from $28 million in 1990; in 1992 that line disappeared, and a new one popped up the puzzling "Assets from price risk management activities".
In August, it announced that it would be abandoning its "universal bank" model, slashing the balance sheet of its securities division, and slicing itself into three divisions to curb the outflow of money from its core wealth management business in Switzerland.
To tighten monetary policy, Fed officials will have to raise interest rates and start cutting the size of its balance sheet by selling the securities it has acquired.
Balance sheet CDOs are structured securities that are usually backed with bank-originated, investment-grade commercial and corporate loans.
Over the past year, for example, the Fed has used its balance sheet to purchase longer-dated securities, particularly mortgage-backed securities, helping to keep yields down across the entire yield curve.
