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The central bank will use a diversified, internally developed index in selecting which specific U.S. corporate issues it will purchase.

Some fear that having the CEO fund D&O insurance undermines the board's independence.

The program is supporting "more than 75% of the small-business payroll in all 50 states," Treasury Secretary Steven Mnuchin said.

In this episode of the Expert Perspectives podcast, sponsored by FIS and hosted on Treasury and Risk, we'll hear highlights from the May 14th presentation titled, Global Pandemic: A Force for Change in Treasury.

A comprehensive risk strategy can help companies respond quickly to, and mitigate the pain from, events like the Covid-19 pandemic.

When businesses get desperate and covenant violations seem imminent, disputes between lenders and borrowers (and their private equity sponsors) get heated.

Chairman Jerome Powell repeated that the Fed will do whatever it takes to support the economy.

In updating its projections for growth and unemployment on Wednesday, the Federal Reserve poured cold water on the notion that last week's surprise jobs…