Mumbai: The Reserve Bank of India (RBI) on Thursday deferred until next year a new accounting standard for the country's banks that would have led to higher bad-loan provisioning requirements. The move comes as a relief to Indian lenders battling near-record bad loans and spurred a rally in bank
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PHOTO BY MARTHA MERROW/DAILY FREE PRESS STAFF. Emily Nuñez, a senior in the Questrom School of Business, is asking that Boston University reevaluate Kathleen Hynes' position as the director of Student Accounting Services and that Hynes be placed on leave while that reevaluation takes
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She was the founding president of the WNBA and a past president of USA Basketball, which oversees the Olympic program. She attended the University of Virginia as one of the university's first female student-athlete scholarship recipients. This is a Bloomberg podcast. To download, watch or listen to
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This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story: Eli Lake at elake1@bloomberg.net. To contact the editor responsible for this story: Philip Gray at philipgray@bloomberg.net. Before it's here, it's on the Bloomberg
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Adobe Systems has named John Murphy as its new chief financial officer, succeeding longtime CFO Mark Garrett. The new job is a promotion for Murphy, who was formerly chief accounting officer and corporate controller at the downtown San Jose-based company. He will begin his new role on April 9,
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