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…
“Total loss absorbency capacity” will require lenders to have capital and debt equivalent to at least 16% to 20% of their risk-weighted assets.
The FERC said that Total traders made money-losing gas purchases designed to benefit other trading positions during 2009 to 2012.
United Natural Foods, Marsh & McLennan, Jet Support Services, PetSmart, Public Service Enterprise, First Data, Sparton, La Quinta Holdings, Hudson Pacific.
>> Joan Urdang
The finance chief of RELX Group, which includes Elsevier and LexisNexis, tells how the company changed its structure to help out investors.
With U.S. regulators close to a decision on the merger, it now faces an in-depth antitrust review by the European Commission.
The SEC alleges fraudulent billing practices at SMF Energy allowed the firm to post profits when it actually lost money.
Commerce Department’s latest data may support the case for an interest-rate hike this year despite the “global malaise.”
For more great financial information check out the CFO WhitePaper Library.