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Global accounting standards a pipe dream?

The move to IFRS has been couched by supporters with the idea that a single set of accounting standards makes sense in the global economy. But what happens when individual countries start tinkering... Read more...

Press Releases

Pacific National Bank Reports Improved Results

MIAMI--(BUSINESS WIRE)-- Pacific National Bank posted improved results in the second quarter. The Bank’s capital ratios showed improvement, equity capital levels remained stable and charge-offs and Read more >>

Fitch U.S. CMBS Newsletter: U.S. CREL CDO Delinquency Rate Rises on Asset Repurchases

NEW YORK--(BUSINESS WIRE)-- Delinquencies for U.S. CREL CDOs rose last month due to $136.9 million in asset manager repurchases of troubled assets, according to the latest U.S. CREL CDO delinquency Read more >>

The Long Road to Financial Reform: Wolters Kluwer Law & Business Reviews Major Milestones

RIVERWOODS, Ill., July 14 /PRNewswire/ -- When the Senate passes the Dodd-Frank Wall Street Reform and Consumer Protection Act, expected later this week, it will send to President Obama the most Read more >>

First Merchants Completes Exchange of TARP Securities with U.S. Treasury

MUNCIE, Ind.--(BUSINESS WIRE)-- First Merchants Corporation (NASDAQ: FRME) announced today the completion of an exchange of 46,400 shares of the Corporation’s fixed rate cumulative perpetual Read more >>

Fitch U.S. CMBS Newsletter: U.S. CREL CDO Delinquencies Fall Slightly

NEW YORK--(BUSINESS WIRE)-- Delinquencies for U.S. CREL CDOs again declined slightly last month as asset managers continue to both extend loans and trade out credit risk assets, according to the Read more >>