Banking

While a securities-based loan is more commonly used to buy a fancy house or take a dream vacation, it's also an underused strategy for some affluent investors to pay large tax bills.

Fair-value accounting helped bring down SVB; could discounted cash flow valuation have kept it going?

The closure of crypto-friendly Silvergate Capital and seizure of Signature Bank have left crypto firms struggling to find new banks for depository and payment services.

The financial automation software provider is expanding its services in the aftermath of the SVB crash.

While depositors will be made whole under an extraordinary move by regulators, a fire sale of the entire bank and advisors fleeing to competitors create new challenges.

A short seller says the problems that triggered the bank's death spiral were clear from the firm's earnings reports.

The true benefits of a strong partnership with a lender go beyond helping a CPA firm's clients or providing referrals.

The New Jersey Society of CPAs announced 10 winners of its student loan debt lottery, with each receiving $1,200 toward their student loan debt.

If the program ultimately moves forward, tax professionals should know about the rules when advising their clients.

British researchers say they have developed an AI tool that calculates whether it would be worth it to bail out a failing bank.

An incorrectly formatted spreadsheet caused Iceland to price the sale of its Islandsbanki stake too cheaply earlier this year, an investigation by the National Audit Office has found.

In this edition of the Frontier, Gayle Heskiel, COO of Net at Work, talks about the rise of outcome-based pricing and the changes required to get there.

Top 25 firm Withum awarded $95,000 in grant funding through the Thomas R. Suarez Student Loan Grant program to help its employees reimburse their student loans. 

The Bank of International Settlements announced the successful conclusion of a test between four central banks to transfer central bank digital coins between themselves.

Banking depositors perceive failures at financial institutions as failures on the part of auditors, reducing their assessment of the credibility of an auditing firm.

Tassat Group announced the successful testing of its new blockchain-based payments network, which enables B2B payment processing among member banks.

The interbank transfer network has confirmed through experiments that its infrastructure can also move digital tokens, such as a Central Bank Digital Currency.

The board released an alert from its staff on ethics and independence considerations for accountants during the current conflict between Russia and Ukraine.

A recent study has found that avoiding awkward conversations can lead to increased costs in the long run.

Xero report provides insights on U.S. small businesses' economic performance and debunks misleading numbers caused by inflation.