Tag: hedging
FASB issues standards update for hedge accounting
“Companies and investors alike have expressed overwhelming support for this long-awaited standard,†FASB Chairman Russell G. Golden said.
Bill seeks to cut cost of hedging
A quartet of congressmen, including Rep. Jim Himes of Greenwich, have introduced a bill to modify a portion of Dodd-Frank that observers say makes it more costly for businesses like farmers and manufacturers to hedge against price fluctuations.
Volcker: Banks becoming “too big to manage”
The chairman and chief executive of the country’s biggest bank sidestepped questions from Congress earlier this week about the events that led to more...