Discontinued — last reported Q4 '17
An increase in the discount rate suggests higher perceived risk or a rising interest rate environment, which lowers the present value of the segment.
This is the rate of return used to discount future expected cash flows to their present value when performing impairment...
Used by analysts to compare the risk-adjusted valuation assumptions across different bank segments.
rf_segment_wealth_management_discount_rate_used_in_income_approach