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Balance sheet substantiation taking over a week
Balance sheet substantiation taking over a week 13/05/2008 A recent survey shows that balance sheet substantiation takes up an average of over seven days in month-end closure procedures. ...
Category: Control
Published: 13 May 2008
Bank bonuses scrutinised by EU
Bank bonuses scrutinised by EU 13/05/2008 European Union (EU) finance ministers are to scrutinise the rewards and bonuses received by bankers and top managers, it has emerged. A report ...
Category: Sector
Published: 13 May 2008
Citigroup looks to clear assets of $400 billion
Citigroup looks to clear assets of $400 billion 12/05/2008 US bank Citigroup claims it is looking to sell $400 billion (£205 billion) of assets as it attempts to return to profitability. ...
Category: Financial strategy
Published: 12 May 2008
Regulation costs could hit £50 billion
Regulation costs could hit £50 billion 12/05/2008 A recent report by Deloitte has suggested that regulation costs are set to almost double by 2010. The biggest financial firms are ...
Category: Strategic risk
Published: 12 May 2008
Write-down improvement for HSBC
Write-down improvement for HSBC 12/05/2008 HSBC is expected to announce relatively small write-downs in its first quarter trading update. Despite the continuing effects of the credit ...
Category: Financial Reporting
Published: 12 May 2008
CEBR predicts 44 per cent bonus fall
CEBR predicts 44 per cent bonus fall 09/05/2008 City bankers are set to see their bonuses fall by 40 per cent, says a British think-tank. A report in the Times claims that the Centre ...
Category: Strategic position
Published: 9 May 2008
LDA investigation panel announced by London Mayor
LDA investigation panel announced by London Mayor 09/05/2008 The newly elected mayor of London has announced that an investigation into financial management at the London Development ...
Category: Accountability and audit
Published: 9 May 2008
UBS banker detained in US
UBS banker detained in US 08/05/2008 One of the top private bankers at wealth management firm UBS has been held by authorities in the United States investigating accusations that he ...
Category: Legislation
Published: 8 May 2008
US treasury 'closer to end' of credit crunch
US treasury 'closer to end' of credit crunch 08/05/2008 The US treasury secretary Henry Paulson has claimed that the worst effects of the "credit crunch" may have passed. In ...
Category: Strategic position
Published: 8 May 2008
'Hidden gems' index published
'Hidden gems' index published 07/05/2008 Grant Thornton has published its 2008 Hidden Gems Report that claims a lack of analysis means many companies are undervalued on the London Stock ...
Category: Strategic position
Published: 7 May 2008
