The Sarbanes-Oxley Act was introduced in 2002 in the US to provide assurance about the accuracy and completeness of financial statements in the wake of a variety of accounting scandals involving Enron and Arthur Andersen, among others.
On February 18, the share price of the mining company Lithium X Energy Corp spiked by more than 1200 percent following news that it had acquired lithium property in the Clayton Valley of Nevada, one of the world’s lithium hotspots and the only
In mid-January, North America’s second-largest coal company, Arch Coal, became the first coal company in 2016 to file for bankruptcy protection.
The summer of 2015 probably will be remembered in the years to come as one of extreme volatility across global markets.
In December 2014, the US and Cuba announced an historic agreement that officially ended their long-running political standoff and marked the beginning of efforts towards normalised diplomatic and economic relations. Since then, the US has
In an increasingly digital-dominated environment, customers are naturally looking for a seamless online experience, regardless of whether this experience relates to shopping, entertainment, education or banking. While bankers and other financial-services providers are clearly conscious of the importance of quality customer service, it seems they have a lot to do to improve it, according to experts.
European banks are going through some hard times at the moment. On the one hand, they are being pressured by new regulations requiring them to boost their capital ratios and limiting their proprietary-trading activity, something that many lenders have complained will affect their profitability.
Since the sub-prime crisis Wall Street and big brand national banks have been the focus of the media’s attention. However, since 2006 the real growth engine behind the United States’ banking sector has been the relatively new and small “off the radar” regional community banks, and so called backwater financial centers, away from Wall Street.
The US is at an economic crossroads and policymakers have the choice of using the economy as a political pawn or opting for growth