Tag:
Financial Bailout
Latest Headlines
Latest Headlines
How many more banks will fail?
So far this year, regulators have shuttered 77 lenders. That's the most in 17 years, but the number will undoubtedly rise. Bloomberg reports that star bank analysts Meredith Whitney predicts more than 300 banks will fail in 2009 . While the federal financial bailout efforts have generally i
Banks get green light on TARP payback
No one is really surprised that 10 banks got the okay to repay their TARP funds. Nearly $70 billion will be paid back by JPMorgan Chase & Co., American Express, Goldman Sachs, U.S. Bancorp, Capital One Financial, Bank of New York Mellon, State Street, BB&T, Morgan Stanley and Northern Trus
Demand for accountants spikes right back up
Just when the industry was starting to talk about declining growth and even--gads--layoffs in the audit industry, along comes the credit crunch, which seems to have lifted the demand for accounting
Compliance landscape will change in financial services industry
What does TARP mean from a compliance perspective? The main implications seem to be indirect. Randy Marshall, Protiviti managing director, says, "The new legislation establishes that
