But the impact can be all too real, as write-downs reduce overall book value and increase leverage ratios, a particular concern in these debt-averse times.
But we should at least acknowledge the value of an ego-less decision that reflects humility and concern about the very institution the pope pledged his life to.
Of particular significance is that the impetus to hold the referendum arose not out of envy or left-wing egalitarianism but rather simple concern for shareholder value.
Others have cited their holdings of foreign assets - the biggest amongst China's banks - as a cause for concern, as the rise in the value of the yuan has made these less profitable.