Fintech Lender Settles with SEC for Overstating Investor Returns
Marketplace lender Prosper overstated annualized net returns to more than 30,000 investors for nearly two years.
JPMorgan Chase Names New CFO; Lake to Head Consumer Lending
The CEO of card services, Jennifer Piepszak, inherits the CFO spot from Marianne Lake, who was appointed CEO of consumer lending.
Margin Preservation, Second-Half Outlooks on Investors’ Radar
Organic growth, earnings per share, and profit margins are expected to be either flat or worsen, putting an emphasis on other Q1 performance measures.
More Clients Buying Cyber Coverage: Marsh
One of the reasons: property insurers are generally no longer willing to cover business interruptions caused by network intrusions.
Scammers Target ACH Transactions
"Fraudsters are now trying to use ACH transactions as vehicles for their scams as they move away from checks and wires," said the AFP.
CAQ Releases Guide to Reviewing Auditors
There continues to be interest from investors, regulators, and others regarding how audit committees perform their responsibilities, says the CAQ.
New Loss Accounting Rule Will Dent Some Banks’ Capital Levels
Banks with large portfolios of consumer loans and high loan-to-asset ratios may take the worst hits, according to S&P Global Ratings.
Zoom vs. Pinterest: How the IPOs Stack Up
Which offering will institutional and individual investors find the most attractive?
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Agribusiness Bonanza Rises in China for Syngenta
CFO Mark Patrick discusses the enormous business opportunities available to Syngenta now that it's owned by a big Chinese company.
Audit Committees Warned on Meeting with PCAOB
When the PCAOB asks to speak with an issuer's audit committee, it "may be a gateway to enforcement activity," note attorneys from Stinson Leonard Street.