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Credit Squeeze May Loom As New Accounting Rule Takes Root At Banks

PYMNTS

In finance, accounting is everything. Accounting for everything, especially when it comes to credit — in other words, taking stock and measure of where lending activities have been concentrated, where risk is and where losses may loom — is as much art as science. billon, American Express by $2.7

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10 Tuesday AM Reads

Barry Ritholtz

Institutional Investor ) • Retail Group Retracts Startling Claim About ‘Organized’ Shoplifting : The National Retail Federation had said that nearly half of the industry’s $94.5 billion in missing merchandise in 2021 was the result of organized theft. It was likely closer to 5 percent. ( It was likely closer to 5 percent. (

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Traditional Healthcare Is Going Under The Knife Of Disruption

PYMNTS

From telehealth to new financing options for patient treatments to big retailers like Walmart , Walgreens and CVS mashing up retail with healthcare, everyone from startups to incumbents are using the pandemic as an opportunity to disrupt — and reinvent — healthcare. Here’s a look at some of the latest developments. We’re in healthcare.

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JPMorgan Chase To Open UK Digital Bank By Year’s End

PYMNTS

customers with high-interest rates for savings accounts, and then lowering its group funding costs that way. Adamson also has experience as a retail lender, chairing the risk committee at Virgin Money until last November. The operation will likely include savings and lending products, and it comes just two years after U.S.

Banking 102
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How to mitigate insolvency risk

Future CFO

There is also the natural climate to take into account. Shorten your supply chains and avoid concentration in one geographic region. Think of the retail shift to online when Covid-19 shut down bricks and mortar establishments overnight. Always evaluate your client’s creditworthiness before signing agreements.

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Interpreting the Income Statement – a Quick Guide

CFO Share

Are multiple sales channels apparent in the revenues, such as wholesale, retail, and e-commerce? Is the business concentrated within one channel or product? Are my variances consistently high or unpredictable, indicating poor process control or cost accounting? What is the distribution of sales across these channels?

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Global VC investment remains muted

Future CFO

The Americas accounted for the largest share of VC investment with $42.9 Highlights of global VC investment: Q2’23 Global Corporate Venture Capital-participating investment was also slow in Q2’23, accounting for $39.7 Global first-time VC financing remained weak in H1’23, accounting for just $17.1 billion in Q1’23.