Minority interest

[shanlane]

Hello,

On p 93 of the op/integrated risk notes you say that one of the changes in treatment of tier 1 acpital is "minority interest" but you never really explain it. What do you mean by this?

Thanks!

Shannon

 

[David Harper CFA FRM]

Hi Shannon, it's a common accounting term, see http://en.wikipedia.org/wiki/Minority_interest Thanks, David

 

[shanlane]

Thanks!

Shannon