Called to Account: New accounting rule raises revenue for big banks, but not all are highlighting the change | Daily Traders Edge

Called to Account: New accounting rule raises revenue for big banks, but not all are highlighting the change

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April 16

15:37 2018

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As new accounting standards for recognizing revenue take effect in the first quarter of 2018, big banks are taking decidedly different tacks in explaining how some revenues would be reported going forward, and why they are higher or lower than what investors may have expected.

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