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The bank should have booked provisions for more than $20 billion worth of government bonds that it had accumulated in its portfolio, the auditor said.
April 27 -
A short seller says the problems that triggered the bank's death spiral were clear from the firm's earnings reports.
March 12 -
Digital transformation is a key initiative for many chief financial officers.
January 21AvidXchange -
These are critical tools for the accounting firms of the future, and the services they want to bring to clients.
August 4 -
Argentina may be in deep financial trouble, but its central bank is comfortably back in the black — thanks to a small accounting maneuver.
February 18 -
The Internal Revenue Service and the Treasury Department intend to issue proposed regulations providing that the market discount on a bond isn’t includible in income, according to a section of the new tax law.
September 28 -
Cash-rich companies that had been some of the biggest buyers of corporate bonds have started selling their holdings after tax law changes, according to Bank of America Corp. strategists.
May 16 -
Farewell, Ireland: it looks like corporate America will finally bring that cash home.
January 17 -
The final version of the tax bill struck by Congressional negotiators would continue to subsidize municipal bonds that help businesses to finance infrastructure projects such as airports and toll roads, dropping one provision that threatened to cut sales of tax-exempt debt by tens of billions of dollars starting next year.
December 15 -
Steinhoff International Holdings NV bonds extended losses after Moody’s Investors Service slashed the credit rating to junk in the wake of an accounting scandal that’s threatening the survival of the global furniture and clothing retailer.
December 8