Banking


Comptroller of the Currency John D. Hawke says banks owned by financial conglomerates should better protect their interests—by insisting on reasonable compensation—when dealing with affiliated organizations that want to sell products to bank customers ( www.occ.treas.gov/ftp/release/2002-78.doc ). Hawke recommends several additional ways—including adopting corporate governance standards—banks can preempt government intervention and retain their self-regulatory powers.

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Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.