Russian alternative to SWIFT may begin processing bilateral payments to and from India, providing a path for Russia to bypass the strict Western sanctions regime.
"The SEC's climate disclosure proposal is the most extensive, comprehensive and complicated disclosure initiative in decades," said Wilmer Cutler Pickering Hale and Dorr partner Meredith Cross, a former SEC official.
Even dovish FOMC members are now supporting faster and larger rate hikes—likely including a half-point increase in May and a total of more than 2 percentage points in hikes before the end of 2022.
As LIBOR rises—blowing past 1% yesterday, for the first time in nearly two years—more struggling junk-rated borrowers may end up with negative cash flow, unable to pay interest payments on their loans.
How is Microsoft treasury so consistently leading-edge? Our exclusive roundtable with Microsoft treasury leaders reveals secrets of creating an innovation-focused culture.
Whatever their ultimate business decision may be, practitioners would be well-served to consider the implications of Section 365(a) of the U.S. Bankruptcy Code when they are first negotiating a vendor-financing agreement.
Brian Flores sued the NFL over its hiring practices, claiming that the Rooney Rule isn't having its intended effect. It seems to be falling flat in corporate hiring as well.