A rule change by US financial watchdogs risks making it easier for banks to hide troubled loans and conceal signs of distress in their lending portfolios, economists and analysts warn.
The new requirements are set to come into effect this autumn as President Donald Trump steps up a sweeping effort to cut regulation across the US economy.
They mean that banks no longer have to disclose the total amount of loans whose terms have been modified to prevent borrowers from falling behind on repayments.
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