UK Banks Brace for $14.5 Billion Capital Demand From BOE

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UK Banks Brace for $14.5 Billion Capital Demand From BOE

The Bank of England plans to increase capital requirements for U.K. lenders by 11.4 billion pounds ($14.5 billion) to tackle risks posed by the recent
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IMF Cuts US Outlook, Calls Trump's Growth Target Unlikely

The International Monetary Fund cut its outlook for the U.S. economy, removing assumptions of President Donald Trump's plans to cut taxes and boost
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Pandora to close Australian operations within the month

Music streaming service Pandora will close its doors after five years in Australia, Mumbrella understands. Mumbrella understands staff were given notice today, with the business to shut within the month.
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Facebook Reaches 2 Billion Users, Now Wants to Build Friendships

Facebook's social network now has 2 billion monthly active users — about a quarter of the world's population and more than half of the people on the
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Nonprofits face challenges with operating reserves and liquidity

Many of the nonprofits polled didn't seem especially concerned about the lack of operating reserves, though the Financial Accounting Standards
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