The trick that turns banking losses into profits

Banks use many accounting tricks to boost profits and fool investors. Tim Bennett reveals one of the biggest, and explains what investors should do about it.

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Banks use many accounting tricks to boost profits and fool investors. Tim Bennett reveals one of the biggest, and explains what investors should do about it.

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Tim Bennett

Tim graduated with a history degree from Cambridge University in 1989 and, after a year of travelling, joined the financial services firm Ernst and Young in 1990, qualifying as a chartered accountant in 1994.

He then moved into financial markets training, designing and running a variety of courses at graduate level and beyond for a range of organisations including the Securities and Investment Institute and UBS. He joined MoneyWeek in 2007.