Proposed new accounting rules have put the damper on the issuance of a popular type of convertible corporate bond in the US market. The Financial Accounting Standards Board wants companies to treat so ...

Recent increases in market interest rates are leading some banks to consider surrendering their bank-owned life insurance to reinvest the proceeds (net of a tax charge) in a new BOLI policy with a ...

After the second-, third- and fourth-largest bank failures in U.S. history occurred this year, it’s natural to ask: Will there be another? I’ve always thought it was unlikely that First Republic Bank, ...

The University of Hartford has suffered another hit in a string of financial setbacks, as S&P Global Ratings downgraded its long-term rating on $154.5 million in debt owed by the institution. In a ...

NEW YORK, April 4 (Reuters) - A new U.S. accounting rule that allows companies to change the way they value financial securities may have driven up to $20 billion worth of selling in the ...