German and British governments have different views on implementation of the plan to make banks responsible for overcoming financial crisis situations in the future.
The economy of Europe may again fall into recession due to national governments’ actions taken to lower budget deficits – warns Joseph Stiglitz, the American economist and recipient of the Nobel Memorial Prize in Economic Sciences in 2001.
The 2010 Education Handbook contains the IAESB’s suite of eight International Education Standards (IESs), including the “Framework for International Education Standards for Professional Accountants” (the Framework), as well as three International Education Practice Statements.
Analysts from Financial Times checked bonus premiums in 17 largest banks. According to their calculation, the ones who lost more than others were Lloyd Blankfein (Goldman Sachs), John Varley (Barclays) and Jamie Diamon (JPMorgan Chase).
According to figures published in a report by accountancy firm Deloitte, just 28% of corporates meet the requirements of the Disclosure and Transparency Rules (DTR) for the content of second-half interim management statements.
The British Bankers Association (BBA) said scrapping the Financial Services Authority (FSA) would place too much power in the hands of a small, unelected and unaccountable group.