By Marc Chandler:
European banks continue to be engaged in deleveraging. It is partly driven by new capital requirements and partly by preparing for the next year's ECB's asset quality review and stress test. The deleveraging process includes...
NetworksSM the operator of the largest weather, lightning
and climate observation networks and owner of WeatherBug®,
is presenting an analysis of its Dangerous
Thunderstorm AlertTM (DTA) storm warning technology...
In analyst Mike Mayo's view, Citigroup needs to re-do its accounting.
He thinks the profitable firm should be in the red.
Mayo argues that Citi is "cooking the books," by wrongly writing off Deferred Tax Assets that legally, should appear no...
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