Finalized in mid-December, the Volcker Rule prohibits banks from engaging in speculative securities trading, also called proprietary trading. Banks must demonstrate that every derivatives trade they make is designed to hedge a specific risk—except for trades made on behalf of clients. The banks’ CEOs must attest to their compliance with the rule.
Despite the intangible in its name, the levy applies broadly to income.
A recent survey suggests treasury and finance executives are not prepared for new technologies that could transform the way they do business.
Kendall Regional Medical Center undervalued three physicians' ownership shares by millions of dollars, a Miami-Dade judge found.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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