What’s happening in finance? Possible anti-trust issues with the Staples, Office Depot merger, SMF Energy’s CFO charged with fraud,  RELX finance chief tells all on company streamlining and which CFOs are going where. All this and more in the CFO roundup…

 

Bank Regulators Meet on ‘Too-Big-to-Fail’ Rule

“Total loss absorbency capacity” will require lenders to have capital and debt equivalent to at least 16% to 20% of their risk-weighted assets.

>> Matthew Heller

 

Total SA Faces U.S. Probes of Commodity Trading

The FERC said that Total traders made money-losing gas purchases designed to benefit other trading positions during 2009 to 2012.

>> Matthew Heller

 

CFOs on the Move: Week Ending in Sept. 25

United Natural Foods, Marsh & McLennan, Jet Support Services, PetSmart, Public Service Enterprise, First Data, Sparton, La Quinta Holdings, Hudson Pacific.

>> Joan Urdang

 

Streamlining a Two-Headed Monster at RELX

The finance chief of RELX Group, which includes Elsevier and LexisNexis, tells how the company changed its structure to help out investors.

>>  David M. Katz

 

EU Opens Probe of Staples’ Deal for Office Depot

With U.S. regulators close to a decision on the merger, it now faces an in-depth antitrust review by the European Commission.

>> Katie Kuehner-Hebert

 

CFO, 3 Others Charged With Mobile-Fuel Fraud

The SEC alleges fraudulent billing practices at SMF Energy allowed the firm to post profits when it actually lost money.

>> Matthew Heller

 

Second-Quarter GDP Revised Upward to 3.9%

Commerce Department’s latest data may support the case for an interest-rate hike this year despite the “global malaise.”

>> Katie Kuehner-Hebert

 

For more great financial information check out the CFO WhitePaper Library.

 

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