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A group of banks including Bank of America ( BAC ) and JPMorgan Chase ( JPM ) have won dismissal of most of the claims in private lawsuits alleging that they rigged a key interest rate...District Judge Naomi Reice Buchwald in New York dismissed
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The concept of goodwill is considered an intrinsic part of a particular company's value, something that a purchaser will pay extra for, despite its amorphous quality. Generally accepted accounting principles even dictate that the amount paid for a
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and its awarding of "performance share units" may be a perfect example of this. In determining the level of performance units that Citi awards its executives, the bank plans to use two metrics: average return on assets and relative shareholder
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Italy's Ministry of Culture (MiBAC) said this week that nearly one million euros have been earmarked to inject a touch of new life into 17 of the country's museums, galleries and archaeological sites. Despite budget cuts, the ministry says that 936,
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mortgage banking unit churned out an industry-leading $524 billion of mortgage loans and boosted the unit's revenue 49% compared to 2011. BAC ) , eclipsed the $500 billion mark in the boom years of 2005 or 2006. While banks like B of A and
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The Japanese head of the Badminton Asia Confederation (BAC) was ousted at an emergency weekend meeting, the regional body said on Monday, but a Japan official said the move will be challenged. A statement by the Kuala Lumpur-based BAC said the
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shares dropped 0.08% (or US$0.01 ) to US$12.56 with more than 189.78 million shares traded, compared to its average volume of 168.77 million shares. Through the trading session, the shares were traded to a new 52-week high of US$12.68 . Observing
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It looks like a compromise has been reached in the name of Asian solidarity when the Badminton Asia Confederation (BAC) made a surprise move to appoint Datuk Seri Nadzmi Mohd Salleh to be their acting president. If Nadzmi, the Badminton Association
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Last week saw a party-hearty atmosphere for the overall market, and financials in particular. C ) on the stress tests and Comprehensive Capital Analysis and Review, in which both banks strutted their capital strength...For banks, most have what
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has been stymied, having lost 45 points, or 0.3%, as of 2:10 p.m...Most stocks on the blue-chip index are in the red, but after days and days of nothing but green, investors needed a session to catch their breath. Let's check out today's biggest
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