The U.S. unit of Spain's Santander Group is faulted for deficiencies in capital management, internal audit, and risk and liquidity management.
As a result of Basel III, some banks will pass costs along to their customers.
Companies are laser-focused on cost-cutting and efficiency, but those may be the wrong goals.
Corporate treasurers are expanding their roles but at the same time are laser-focused on belt-tightening and speed, a new benchmarking survey shows.
Self-funding capital needs by aggressively managing cash and front-loading revenues — thereby removing the need for outside equity capital — is an attractive way to finance a business’s growth.
Three months before the firm’s collapase, a CFO warned about funding liquidity needs with customer-segregated accounts, according to a bankruptcy trustee&spamp;rsquo;s report.
Finance executives of the bankrupt securities dealer frustrate House members with their lack of information about actions taken in the final days.
As safe havens for short-term funds disappear, companies weigh whether to assume some risk in return for a modest yield.
