The move is thought to specifically affect access via Bloomberg terminals, where UBS's analyst forecasts feed into a composite picture of the street's outlook for a stock. Clients of the UBS research business, who tend to be fund managers and investment analysts, can still access UBS research via the
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Accounting's Big Four firms will face fines of up to £10m as financial reporting regulators today implemented plans to get tough Britain's beancounters. The Financial Reporting Council (FRC) will be free to slap increased penalties from June on Deloitte, PwC, KPMG and EY. A series of changes will be
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Novartis AG agreed to acquire AveXis Inc. for $8.7 billion to gain a promising drug to treat a rare disease that afflicts infants, hastening a shift toward gene therapy and precision medicines. Shareholders of the Bannockburn, Illinois-based company will receive $218 a share in cash in a tender offer,
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New Accounting Paradigm: Cardano is about to implement a new accounting model for its different layers. For example, the UTxO style of accounting would be used for the Cardano Settlement Layer (CSL) whereas the Cardano Computation Layer (CCL) would use Ethereum's account-based style.
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LONDON, April 9 (Reuters) – The world's Big Four accounting firms will face potential fines of 10 million pounds ($14 million) or more for serious rule breaches from June, double the record penalty to date. The Financial Reporting Council (FRC) said on Monday that it has accepted the findings of a study
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