US Rulemaker to Tackle Post-Libor Accounting Questions

US Rulemaker to Tackle Post-Libor Accounting Questions

The Financial Accounting Standards Board will kick off discussions next week about the changes it will need to make to accounting rules to reflect the
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We do not know who is to blame for GRG debacle or if FCA could stop a repeat

The suspense is over. A full six years after Royal Bank of Scotland was accused of gouging thousands of distressed small-business customers, we can finally read the Financial Conduct Authority’s definitive account of a shameful chapter for UK banking.
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Fintech Unicorn Monzo Is Expanding Into the US

With over 1.9 million customers in the U.K., on Thursday the rapidly growing banking unicorn Monzo announced plans to launch in the U.S.. The British firm has lured customers away from traditional banks in the country by promising a better customer …
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Self-Drive Startup Gets Hyundai, Baillie Gifford Funding

Aurora Innovation Inc., the self-driving technology startup known for its dream-team founders, said Wednesday that Hyundai Motor Group is part of a
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The US Is Denying Tesla Tariff Exemptions for China-Made Model 3 Parts

The U.S. Trade Representative’s Office has denied requests from Tesla that would provide exemptions for Model 3 components that are built in China and subject to 25 percent tariffs, Reuters reports. The parts in question are the Model 3’s giant touchscreen …
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