As of the end of 2022, Charles Schwab was the bank with the largest amount of assets marked as "held to maturity" relative to capital, leading to concerns that it may be close to insolvency.
The taming of monetary policy necessary to slow price inflation has triggered a corrective trend in the valuation of financial instruments. Many big banks in the United States have substantially increased their use of an accounting technique that allows them to avoid marking certain assets at their curre...
