CFO / Financial
Tax Dodges In The Crosshairs At G-8 Summit
World leaders at the G-8 summit declared Tuesday that governments must work together to close loopholes that allow multinational corporate giants to avoid paying taxes in their home countries. In a ...
Citizens CFO Binnun Returning To Private Sector
Following a six-year tenure as Citizens Property Insurance Corporation's chief financial officer, Sharon Binnun has accepted a position in the private sector and will resign her post effective July ...
SEC Will Seek Admission of Wrongdoing in More Cases, White Says
The U.S. Securities and Exchange Commission will seek more admissions of wrongdoing from defendants as a condition of settling enforcement cases, the agency's chairman said. SEC Chairman Mary Jo ...
Cyber Disclosure To SEC Not Universal; Even Insurer Fails To Report: Willis
A majority of the U.S. listed Fortune 500 firms are following the U.S. Securities and Exchange Guidelines by providing some level of disclosure regarding cyber exposures, but disclosure is not ...
Analysts: Travelers/Dominion Deal Makes Sense, More U.S.-Canadian M&A May Follow
The Travelers Companies' decision to acquire Dominion of Canada General Insurance, a unit of E-L Financial Corp., for $1.1 billion makes strategic sense, according to analysts. The acquisition now ...
Accounting Transparency Linked To Cost of Capital, Valuation: Study
A new study by an accounting professor of University Of California Berkeley's Haas School Of Business finds greater transparency in firms' earnings has a positive effect on the bottom line. "Cost of ...
EU Allows Exchange Information Exchange With U.S. on Audit Probes
Audit regulators in the European Union won EU approval to swap information with their U.S. counterparts in a step that makes it easier for watchdogs to probe potential malpractice. The U.S. Public ...
‘Great Rotation’ From Bonds Into Equities May Have Begun
Just as a month-long stock market rout seems to have further trashed the concept of a "Great Rotation" from bonds into equities, evidence is emerging that institutional investors may have already ...