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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...