The OCC yesterday released an updated version of its Bank Accounting Advisory Series that provides accounting guidance for accountants at financial institutions. The update, among other things, includes recent answers to frequently asked questions from banks and examiners about troubled debt restructurings, other real estate owned and pushdown accounting.
ABA Data Bank: Yen falls to lowest level in three decades
The Japanese Yen briefly weakened to 160 intra-day against the U.S. Dollar on Monday, it's lowest level since April 1990.