PYMNTS

APRIL 30, 2020

The banks, combined, have set aside $66 billion for the prospect, which is likely due to the number of corporations that may have to default due to the virus’ economic destruction. banks have tended to be more profitable than their European counterparts, perhaps able to afford a significant hit. bank Citi has set aside $7 billion.

Banking 75

Banking Profit and Loss Accounting Standards Economics 75

Musings on Markets

JANUARY 9, 2021

One reason is that these businesses are not only not required to publicly disclose their financial details in most parts of the world, but often follow more malleable accounting standards, making the data less reliable and comparable.

Valuation 52

Valuation Currencies Numbers Corporate Finance 52

CFO Talks

DECEMBER 26, 2021

So that you will eventually have the CFO focusing on three reporting areas, the traditional IFRS, then secondly, business efficiencies, and then because of the difficult economic circumstances we are in, the only way that you can still maintain the bottom line is through better efficiencies. The last one is then climate change.

CFO 40

CFO Profit and Loss Finance Accounting 40

Barry Ritholtz

MARCH 21, 2023

ASNESS: Some of the things like betting against beta, quality or profitability, carry strategies were additions over time. ASNESS: And we had a great almost a decade, because everything else we do work, profitability one; fundamental, momentum one; low risk one. Profitability, they tend to be fairly unprofitable. RITHOLTZ: Okay.

Profit and Loss 65

Profit and Loss Valuation Forecasting Investments 65