Learn how accounting cushions help companies smooth earnings and achieve financial stability by overstating expenses and ...

HONG KONG (MarketWatch) -- Australia & New Zealand Banking Group Ltd. warned Monday provisions for troubled loans will exceed consensus analysts' expectations in the fiscal first half. ANZ (ANZ)ANZBY, ...

HSBC's $5.1 billion net profit in Q2 topped forecasts of $3.7 billion as the bank cut provisions for bad loans. Pretax profit of $10.84 billion in the first half almost doubled on a year ago, Monday's ...

MOSCOW, July 5 (Reuters) - Russia's second-biggest lender VTB almost tripled provisions for bad loans to 20.4 billion roubles ($630.42 million) in the first quarter, fearing more borrowers may not be ...

MILAN, Feb 19 (Reuters) - Mediobanca lifted provisions for bad debts by 30 percent in the final six months of 2013 as it prepares to incorporate the full impact of an asset health check of euro zone ...

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Kenya Power’s half-year profit has dropped by 16 per cent, weighed down by high provision for bad debts, rising cost of electricity distribution and repayment of loans. The firm reported Sh2.46 ...

TORONTO, Jan 9 (Reuters) - Canada's big banks are preparing to set aside more rainy-day funds in the new fiscal year to deal with rising bad debts as their customers struggle with record borrowing ...

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National Australia Bank (NAB) could book $1.5 billion in bad debt provisions against its corporate credit default swaps (CDSs) in the 2009 financial year, according to Austock Securities Research. The ...