Aug 27

The Securities and Exchange Commission today voted to publish for public comment a proposed Roadmap that could lead to the use of International Financial Reporting Standards (IFRS) by U.S. issuers beginning in 2014. Currently, U.S. issuers use U.S. Generally Accepted Accounting Principles (U.S. GAAP). The Commission would make a decision in 2011 on whether adoption of IFRS is in the public interest and would benefit investors. The proposed multi-year plan sets out several milestones that must be achieved before IFRS would be adopted in the United States.

Aug 27

The Securities and Exchange Commission today voted unanimously to update and modernize the disclosure requirements for foreign companies offering securities in U.S. markets, making it easier for U.S. investors to gain access to timely financial information that can help them make better informed investment decisions.

Aug 27

Savers are bombarded with new accoiunts paying top interest rates but should look behind the headline rates for the best deals

Piggy bank

Aug 27

Barclays is forcing me to close my bank account which I’ve held for 27 years because of who I work for. Is this allowed?

Barclays bank sign