The financial industry has been wrestling for some time over the issue of market-value accounting. Emotions flare at the mere mention of the subject, and there may be no quick end to the warfare.

Lenders have argued that their shops and assets are not for sale, but are held over time to produce a return. But doesn't sound management require lenders to consider how market forces affect asset quality, and to use this information to maximize performance?

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.