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The trade association representing credit unions believes that the Financial Accounting Standards Boards recent proposal to redefine the meaning of a public business entity could open the door to more appropriate accounting standards for credit unions.
August 12 -
Investors are more concerned about improving the quality of financial disclosures rather than simply reducing the quantity of them, according to a new report from the CFA Institute, which takes aim at some recently proposed disclosure reforms that seek to cut down disclosure overload.
August 12 -
Bloomberg -- UBS AG, Switzerlands largest bank, agreed to pay $120 million to settle claims by investors in Lehman Brothers Holdings Inc. securities in a lawsuit tied to the investment banks 2008 collapse.
August 9 -
UBS AG, Switzerlands largest bank, agreed to pay $120 million to settle claims by investors in Lehman Brothers Holdings Inc. securities in a lawsuit tied to the investment banks 2008 collapse.
August 9 -
The Federal Reserve governor leading the central banks effort to tighten financial regulation has a decision to make as its governing board is reshaped: Should he stay or should he go?
August 9 -
The Federal Reserve governor leading the central banks effort to tighten financial regulation has a decision to make as its governing board is reshaped: Should he stay or should he go?
August 9 -
Morgan Stanley and Co. has agreed to pay $100,000 to the New Jersey Bureau of Securities.
August 9 -
Morgan Stanley and Co. has agreed to pay $100,000 to the New Jersey Bureau of Securities. This came after Bureau investigators found the company was in violation of state securities laws and regulations in its sale of non-traditional exchange-traded funds to investors.
August 8 -
A British charity sued a Bank of New York Mellon Corp. unit that managed its funds, saying risky investments caused losses of about 7.9 million pounds ($12.2 million).
August 8 -
Bank of America Corp.s traders fought off efforts by the firm in 2007 to include risky Alt-A mortgages in a securitization. That wasnt enough to spare investors from being cheated, according to th
August 7