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Notre Dame: As Banks Grapple With Bond Losses, New Research Suggests They Will Comply With Accounting Rules But Break Classic Investing Rules
March 14, 2023
NOTRE DAME, Indiana, March 14 (TNSres) -- The University of Notre Dame issued the following news:

As banks such as the recently collapsed SVB Financial Group grapple with bond losses, new research from the University of Notre Dame suggests they will try to limit the effect on earnings and regulatory capital by following accounting rules to the letter.

Yet in doing so they will violate a core tenet of standard investment theory by looking backward at investment performa . . .

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