Here’s What’s Going on in Finance from CFO

 

Cyber Monday shopping hit higher numbers this year than ever before ($3B). With online deals beginning as far back as Thanksgiving day, will Cyber Monday soon be known as Cyber Week? What are people spending all that money on anyways? Find out here.

A former Goldman Sachs employee has been accused of insider trading by the SEC. Yue Han, 34, allegedly took advantage of his position within the compliance dept. by making more than $400K in illicit profits. Han even went as far as to get his father involved by trading under his name. Get the full story here.

Find stories on banking, accounting, strategy, compliance and capital markets at CFO.

 

SEC Fines Research Firm $375K Over Compliance

Regulators say Marwood Group passed information that was “ripe for insider trading” to clients without vetting from its compliance department.

Matthew Heller

 

Negative Interest Rates: Banker vs. Mattresses

Central banks are still testing the limits to how low interest rates can go.

Economist Staff

 

Goldman Employee Accused of Insider Trading

The employee’s position in the firm’s compliance department allegedly gave him access to confidential information in investment bankers’ emails.

Matthew Heller

 

Fed Changes Rule to Limit Emergency Lending

The final rule narrows the definition of “broad-based eligibility” to avoid bailouts of insolvent firms.

Katie Kuehner-Hebert

 

Growth-Savvy CFO Is Well-Placed at Streaking Shopify

The fast-growing, newly public e-commerce software company isn’t showing any signs of slowing down, which is fine with finance chief Russ Jones.

David McCann

 

Cyber Monday Heading for Record $3B in Sales

The traditional splurge in online shopping follows a historic jump in online sales over the holiday weekend.

Katie Kuehner-Hebert

 

IMF Adds Chinese Yuan to Reserve Currencies

The decision to include the yuan in the elite group of currencies is an “important milestone” for China’s economy, the Fund says.

Katie Kuehner-Hebert

 

Tesco Settles Investor Class Action for $12M

The suit followed the U.K. grocer’s admission that it overstated half-year profits by $377 million because of accounting errors.

Matthew Heller

 

Find more financial resources in the CFO whitepaper library.

, , ,

Leave a Reply

Your email address will not be published. Required fields are marked *