Alessandro Aimone
@aimoneale.bsky.social
Editor of Risk Quantum risk.net/riskquantum
Also, leave financial risk nerds alone ffs
June 3, 2025 at 12:42 PM
Also, leave financial risk nerds alone ffs
AFS and HFT securities are marked to market, meaning losses from falling bond prices hit reported equity or earnings almost immediately. HTM holdings, in contrast, are carried at amortised cost, so declines in market value do not affect capital unless the bonds are sold.
April 11, 2025 at 3:50 PM
AFS and HFT securities are marked to market, meaning losses from falling bond prices hit reported equity or earnings almost immediately. HTM holdings, in contrast, are carried at amortised cost, so declines in market value do not affect capital unless the bonds are sold.
Our analysis shows that the total of $2.27 trillion is split between $1.02 trillion in AFS securities, $507 billion in HTM and $732 billion in HFT.
The accounting treatment matters because it'll determine how much of the recent price slump will feed through to banks’ balance sheets.
The accounting treatment matters because it'll determine how much of the recent price slump will feed through to banks’ balance sheets.
April 11, 2025 at 3:50 PM
Our analysis shows that the total of $2.27 trillion is split between $1.02 trillion in AFS securities, $507 billion in HTM and $732 billion in HFT.
The accounting treatment matters because it'll determine how much of the recent price slump will feed through to banks’ balance sheets.
The accounting treatment matters because it'll determine how much of the recent price slump will feed through to banks’ balance sheets.
TL;DR: Charles Schwab and Goldman Sachs would benefit the most
April 9, 2025 at 4:25 PM
TL;DR: Charles Schwab and Goldman Sachs would benefit the most