18-21 year olds cite financial stress, juggle 2-3 credit cards in college Even though 84 percent of college students say they are educated about money management and understand the consequences of debt, 50 percent wish they had a plan to help decrease their debt, according to a new poll for Western Union(R) Payment Services conducted [...]
With the Securities and Exchange Commission’s recently approved proposed IFRS Roadmap and rule that would permit certain U.S. companies to prepare and issue financial statements using International Financial Reporting Standards (IFRS), Deloitte has launched a series of whitepapers that offer considerations and guidance on IFRS conversion for specific industry sectors. The first three papers in [...]
Increased food prices could move into 2009 and beyond A new Rabobank “Food Retail” report finds consumer preferences are driven to ‘extremes.’ However, increased food prices could increase consumers’ price sensitivity. “In spite of the economic decline, many consumers continue to be driven by factors beyond price, which has created a ‘barbelling’ trend,” said Rabobank [...]
J.P.Morgan Asia Pacific today announced the appointment of Kalpana Morparia as Chief Executive Officer of the firm’s Indian operations. Ms Morparia joins J.P.Morgan from the senior management of the ICICI Group, India’s largest private sector financial services company. Ms Morparia is vice chairman of the ICICI Group’s insurance, asset management and securities companies, and Chief [...]