Russian Oil Deal Will Go On, Says Morgan Stanley CFO
The bank's finance chief believes its sale of oil trading assets to Russian oil producer Rosneft will proceed despite U.S. sanctions.
A New Way to Punish Wrongdoing: Anger Investors
To prevent white-collar crime, prosecutors are now focusing on raising shareholder ire.
Another Retailer Falls Victim to Consumer Retrenchment
Following other specialty retailers, clothing chain Love Culture files for chapter 11.
Privacy Groups Urge Obama to Reject Senate Cyber-Security Bill
Their major objection: it doesn’t offer solutions to cyber-security, only info sharing between businesses and the government.
BRICS Form Their Own World Bank
Brazil, Russia, India, China and South Africa agree to fund a $50 billion development bank and a $100 billion currency exchange reserve.
Will Chief Marketing Officers and CFOs Ever Get in Sync?
Though both sides says it's important to be allies, the relationship between CMO and CFO is often shaky.
What to Ask Alternative Lenders
There are good and bad nonbank lenders. Here's how to weed out the bad ones.
Big Banks Will Pay More to Protect Depositors
A new proposal from the FDIC would force banks to use standard models to calculate counterparty risk and the premiums they pay for deposit insurance.
Corporate Cash Sitting in the Bank, Says AFP
Where is the bulk of companies' cash reserves? In bank accounts, finds an AFP survey.
Two-Thirds of Leveraged Issues Lack Lender Protections
Most new leveraged loans are covenant-lite and carry ratings well-below investment grade from Standard & Poor's.
Wanted: More Accountants
HR professionals say they have more openings for staff accountants than last year, but companies are still exercising restraint when filling positions.