The parties most affected by the regulatory impasse are French and German banks with trading operations here. These are Credit Agricole, BNP Paribas, Societe Generale of France and Deutsche Bank of Germany. These banks carry out billions of dollars’ worth…
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A recent ACCA report highlights growing ethical challenges for accounting professionals, with leadership culture (40%), sustainability (30%), and AI ethics (32%) emerging as top concerns. How can accountants navigate these increasing dilemmas? What role does ethical leadership play, and how…
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The Institute of Chartered Accountants of India (ICAI) released a new Standard of Quality Management (SQM), potentially clashing with the National Financial Reporting Authority (NFRA). NFRA, regulator for auditors of listed and large companies, insists on government notification and argues…
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Top industry leaders on Tuesday lauded Prime Minister Narendra Modi for his visionary leadership, which has catalysed India’s remarkable digital transformation, hailing the government’s support towards reforms, innovation, and collaboration.
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Prior to his role at State Street as CFO and Vice Chairman, Aboaf was CFO of Citizens Financial Group and held finance roles at Citigroup, including Treasurer. Earlier in his career, Aboaf was a partner at Bain & Company, co-leading…
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The retail segment was affected by a demand slack in the fashion and lifestyle (F&L) vertical and a sequential decline in total store area. The digital segment reported a sequential drop in subscriber numbers amid tariff hikes and higher average…
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