More executive turnover at Walmart as CFO Charles Holley retires after 5 years. He will be replaced by Walmart’s internal finance chief, Brett Biggs. Standard Chartered, a U.K. based bank will be cutting 1,000 senior managers under CEO Bill Winters. And aluminum company Alcoa has seen a profit drop of 77% in their third quarter. All these stories and more in the CFO roundup…
SEC filers paid external auditors an average of $1.5 million in 2014, with the median fee coming in at $402,812.
What financial services firms can do to keep “the most powerful and least accountable federal agency in Washington” at bay.
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Xerox, TheStreet, J.G. Wentworth, VASCO Data Security, Allscripts, Infinity Property and Casualty, Bridgeport Education, Farmer Bros., Vereit, Accuray
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The aluminum company’s results disappoint in the first reporting period since it announced it would split into two companies.
The Atlanta Fed’s president believes the economy is still on a “satisfactory track” and a “liftoff decision” on rates could come in October or December.
Walmart International CFO Brett Biggs will replace Charles Holley amid challenging times for the retailer, whose stock has fallen 22% this year.
Credit Suisse, Standard Chartered and Deutsche Bank are among the banks that are overhauling themselves after losing ground to U.S. banks.
The $23.75-per-share deal gives Blackstone access to office buildings that cater to life science tenants in major markets.
Under new CEO Bill Winters, the U.K.-based bank has been streamlining operations amid a slumping share price and tighter regulation.
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