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Banks: The Fight over Fair Value
Financial firms want to suspend or change the rules concerning asset markdowns. S&P Ratings tells why that's a bad idea The current market disruption has triggered a chorus of complaints from many financial institutions and other market participants about the effect of fair value accounting, including an outcry to suspend or substantially [...]
Banking 2.0: Money Management Moves To the Cloud
by Sarah Perez There was a time when managing finances from your computer meant you had to use desktop software. Today, that's no longer the case. There are now a number of applications that let you do your banking in the cloud, a trend we've dubbed "banking 2.0." (more...)
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