Derivatives Accounting Error In German Bank’s Favor
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Derivatives

Derivatives Accounting Error In German Bank’s Favor

An error in accounting certain derivatives transactions at FMS Wertmanagement has boosted the balance sheet at the so-called bad-bank of Hypo Real Estate Holding by EUR55.5 billion (USD77.7 billion) for 2010, according to PricewaterhouseCoopers.

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