Massaging Bank Numbers—A How-To Guide

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Now you, too, can have a great first quarter.

By Martha C. White of The Big Money

So you run a bank. And it’s not been the smoothest sailing lately. Sure, record-low interest rates let you make money writing mortgages and refis, which helps your bottom line. And maybe your active-trading division has provided a bump, especially in fixed-income products. But that still doesn’t get your numbers where you want them to be. There are a few little tricks that can get you there, from accounting wizardry to liberties with the Gregorian calendar.

Here’s an up-to-date guide on how banks are goosing their numbers, in decreasing order of popularity.

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