Toshiba delays annual results again as more accounting errors found

[Buzz_Burner_Fresh_Updates] Toshiba delays annual results again as more accounting errors found – feedburner.com TOKYO (Reuters) – Japan’s Toshiba Corp further delayed announcing its business results for the financial year through end-March after finding more accounting errors, struggling to draw a line under a $1.2 billion book-keeping scandal.Toshiba said on Monday newly discovered problems included incorrect […]

UPDATE 2-Market reaction muted after S&P drops Russia to 'junk' + MORE

[Buzz_Burner_Fresh_Updates] UPDATE 2-Market reaction muted after S&P drops Russia to 'junk' – reuters.com MOSCOW, Jan 27 (Reuters) – Russian financial markets saw a muted reaction on Tuesday after ratings agency S&P downgraded the country’s sovereign credit rating to ‘junk’, with the rouble strengthening and Moscow-listed shares broadly steady. Continue Reading On reuters.com » German watchdog […]

REFILE-YOUR PRACTICE-Some financial advisers abandon asset-based fees

[Buzz_Burner_Fresh_Updates] REFILE-YOUR PRACTICE-Some financial advisers abandon asset-based fees – reuters.com Jan 9 (Reuters) – Financial adviser James Osborne had an “aha!” moment when a client discovered that his single largest expense was the $40,000 asset management fee on his $5 million portfolio, even though the man had two houses, a boat and an upscale travel […]

YOUR PRACTICE-Some financial advisers abandon asset-based fees

[Buzz_Burner_Fresh_Updates] YOUR PRACTICE-Some financial advisers abandon asset-based fees – reuters.com Jan 9 (Reuters) – Financial adviser James Osborne had an “aha!” moment when a client discovered that his single largest expense was the $40,000 asset management fee on his $5 million portfolio, even though the man had two houses, a boat and an upscale travel […]

Citi's Linville slowly turns around bank's card business

[Buzz_Burner_Fresh_Updates] Citi's Linville slowly turns around bank's card business – reuters.com NEW YORK (Reuters) – When Jud Linville joined Citigroup in 2010 to head its main credit card business, he discovered a card called “Simplicity” that was anything but. Continue Reading On reuters.com »