And keep in mind that these potential losses come at a time when banks have put aside loan loss reserves to cover just 1.4 % of their lending portfolio, their lowest in years. (fortune.com)
«Overall, expectations remain reasonably low, thanks to the challenge of low interest rates and capital markets weakness, additional loan loss reserve build and myriad fourth quarter clean up actions,» Credit Suisse analysts led by Susan Katzke said in a note Tuesday. (businessinsider.com)
A 2012 PCAOB inspection report of KPMG deficiencies cited its failures to question management judgment, including failure to test management's assumptions on loan loss reserves. (fortune.com)