The trend of firms staying private for longer continues as the initial public offering (IPO) market shows no signs of revival, according to Baillie Gifford. Peter Singlehurst, head of private company investments at the Edinburgh-based investment firm, attributes this...

The Federal Deposit Insurance Corporation (FDIC) is considering a significant change in its reserve ratio calculation methodology. Acting Chairman Travis Hill has suggested that the agency should use total liabilities, rather than insured deposits, as the denominator in determining...