CFO News Room

JANUARY 21, 2023

Originally published at openDemocracy The 2023 World Economic Forum (WEF) meeting in Davos started five days ago amid an air of pessimism. Its collective aim was for members to align their investments to help limit the global temperature rise to 1.5°C. He is openDemocracy’s international security correspondent.

Economics 100

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SEPTEMBER 28, 2016

bank investors, the old Seinfeld punchline: “No dividends for you!”. The famed bank stress tests that have been in place for years and that get attention from Wall Street when it comes time to judge how sound the global financial system may be — or not — are getting a little more, well, stressful. For the bigger banks.

Banking 69

Banking Financial Systems Economics Investments 69

Future CFO

NOVEMBER 6, 2023

Interest rates higher for longer Central banks will keep rates higher-for-longer to keep a lid on core inflation, which will gradually increase borrowing costs, slow economies and uncover pockets of risk. Companies will also need to adjust to new reform and regulation in response to financial and social pressures.

Economics 52

Economics Financial Systems Banking Marketing 52

Future CFO

SEPTEMBER 21, 2023

With growing external uncertainties and geopolitical risks, it would be important for Hong Kong to further diversify its economic base, widen its global reach, and continue to address structural challenges such as ageing population, housing supply, and social inclusion, AMRO noted. in 2023, before moderating to 3.3

Foreign Exchange 52

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CFO News Room

NOVEMBER 2, 2022

By Michael Hudson, a research professor of Economics at University of Missouri, Kansas City, and a research associate at the Levy Economics Institute of Bard College. Germany has become an economic satellite of America’s New Cold War with Russia, China and the rest of Eurasia. and allied Western financial oligarchies.

Economics 100

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JULY 30, 2019

JPMorgan has announced it will go “full force” in China to take on the state-run Industrial and Commercial Bank of China (ICBC), which is the biggest bank in the world, according to a report by Bloomberg. However, to be successful, they will need to be able to compete with state-run banks, which currently control the financial system.

Banking 46

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Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

Accounting 52

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APRIL 18, 2017

The slowdown of China’s economic growth has had markets concerned, but new data suggests the nation could be on its way to reversing the trent. This level of growth cannot be sustained,” said Wang Xinling, lead analyst at think tank China Policy, in an interview with the Financial Times. percent GDP annual growth rate.

Economics 40

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AUGUST 22, 2019

Capping off the effort last week, Ghana’s central bank announced it had revoked the licenses of 23 savings and loans companies as well as finance houses and appointed a receiver to manage their affairs. “It The central bank blames the financial institutions; Ghana’s President Nana Akufo-Addo, on the other hand, blames the Bank of Ghana.

Banking 46

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CFO News Room

JANUARY 18, 2023

financial system, has been used mainly in the past against banks and other financial institutions and in most cases has forced the institution to close. This type of action, a rarely used so-called death-knell sanction that cuts off the entity from the U.S. Lisa Monaco. said Wednesday. Deputy Treasury Secretary.

Treasury 100

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JULY 17, 2020

Chinese regulators have seized control of nine financial institutions (FIs) alleging they violated rules and jeopardized the country’s financial system. Since May, the state has orchestrated five bailouts of banks. China’s second-quarter economic growth led to an 11.5

Financial Systems 60

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JANUARY 13, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Khaliq joined Citibank in 1991 in Pakistan as a management associate in the institutional bank before leaving in 1993 for his post-graduate education.

Treasury 52

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FEBRUARY 19, 2019

banking industry is in flux, largely thanks to federal policy that has made it easier (and faster) for institutions to merge. As concerns are raised about how industry consolidation might impact competition, Federal Reserve Chairman Jerome Powell is warning that it could hinder small businesses’ access to capital and financial services.

Mergers and Acquisitions (M&A) 43

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AUGUST 31, 2020

Though the restrictions have been gradually lifted, there has been an impact on the economic activities,” MOSPI said. While India’s economy grew by 3 percent in the first quarter (Q1), its slowest pace in at least eight years, the GDP data revealed consumer spending slowed, private investments and exports shrunk in Q1.

Manufacturing 60

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SEPTEMBER 15, 2017

The favored narrative about banks and FinTech startups is generally not a love story. Banks represent the old way of handling financial services – and in fairness, they carry a lot of responsibilities that deposit-taking institutions don’t necessarily have. Usually, it is more of an all-out war story.

Banking 79

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MAY 13, 2016

The nuclear deal that is in place between Iran and a number of other nations does not have the teeth it might otherwise have to help – and key to that stymied effort is the fact that Iran remains largely isolated from interacting with the global financial system. One key issue: banks have been balking at funding projects.

Banking 40

Banking Economics Compliance Finance 40

Corporate Finance Lab

DECEMBER 5, 2022

of the Code of Economic Law with an exemption for specific categories of financial services introduced by the B2C Finance Royal Decree and the FSMA communication on the application of unfair terms in offers of investment instruments [i] ; and. of the Code of Economic Law […]. the B2B regime in Article VI.91/1 91/1 et seq.

B2B 85

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OCTOBER 19, 2016

The CFOs and treasurers throughout the globe are popping their bubbles when it comes to economic outlook. According to “ Managing Risk in Challenging Economic Times ,” released earlier this month, the majority of CFOs admit that they struggle to stay on top of how quickly the macroeconomic environment is changing.

Treasury 70

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Spreadym

OCTOBER 20, 2023

A multi-currency account reporting refers to the financial reporting and tracking of transactions in multiple currencies within a single account or financial system. Is it for international business, travel, or investment? Stay informed about exchange rate trends, economic events, and potential risks.

Currencies 52

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NOVEMBER 30, 2018

economy in a recent speech by Federal Reserve Chairman Jerome Powell, who cited non-bank lenders as problematic for the future of credit markets and the financial system as a whole. Noto also noted that SoFi wasn’t mentioned as a potential risk to the U.S.

Profit and Loss 55

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JUNE 9, 2017

Blockchain could have an impact on the economy — is Russia leading the way with its current investments? When executives in the finance industry think of blockchain technology, its perception has shifted in the past few years in terms of how it could shape financial services — and therefore the economy — as a residual impact.

Financial Systems 68

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JUNE 28, 2018

One of the recent cyberattacks against Latin American financial institutions, this one targeting Mexico’s central bank, resulted in the theft of a reported $15.2 No matter where they hit, though, cyberattacks on banks in Latin American have cost them more than just losses from theft. Fraud is a Top Worry.

Securities 40

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MARCH 7, 2017

According to a report , the funding came from multiple institutional investors in support of FinTech startups that focus on those who are shutout of traditional banking systems around the globe. The Fund will support innovators using new technologies to help create a financial system that works for everyone.

Startups 40

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APRIL 29, 2016

It announced an investment in Digital Currency Group, a bitcoin/blockchain startup-focused investment firm, which includes former Treasury Secretary Larry Summers, who is serving as an advisor and also put money up. This report was also supported by the parliament’s economic affairs committee. Holy Siberia, Batman.

Currencies 42

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NOVEMBER 28, 2017

It is also expensive to be poor in America, he said, as overdraft and other banking and financial product fees can mount and cause economic pressure. Data from TransUnion says there are 196 million consumers who have access today to some type of revolving credit via bank or private label. Meanwhile, 143.5

Banking 40

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JANUARY 7, 2020

Open Banking and bank-FinTech collaboration are the new norm for financial institutions around the world looking to upgrade their offerings for small businesses (SMBs). Other initiatives include a focus on payments security, as well as connecting bank data to small business accounting portal QuickBooks.

Banking 56

Banking Accounting Securities Financial Systems 56

Barry Ritholtz

NOVEMBER 8, 2022

His latest book could not be more timely, “The Price of Time: The Real Story of Interest,” it’s all about the history of interest rates, money lending, investing speculation, funded by banks and loans and credit. You can imagine, you give a bearish message at a bullish investment conference, and no one listens to you.

Valuation 57

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OCTOBER 8, 2018

Buffet’s expertise in the economics of railroads grew out of his childhood fascination-turned lifelong interest in them. He began investing in them long before he bought one. railroads were responsible for $274 billion in economic activity and employed 1.5 The economic impact of railroads isn’t felt only in the U.S.

B2B 76

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OCTOBER 18, 2018

The latest boost to the federal fund rate, which is the amount that is levied on banks as they lend money to one another, came at the end of last month. That’s because the Fed is wary of boosting rates so quickly that economic growth stalls. Interest In Interest Rates, Trading On Trade Wars. percent, up 25 basis points. economies. “To

Marketing 62

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JUNE 23, 2017

Paytm, the leading digital payments company in India, is reportedly looking to obtain a license to create a money market fund in which users can keep their cash and earn interest, reported the Economic Times. The Economic Times reported Paytm aims to compete with Indian banks as the country moves away from cash.

Marketing 46

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Barry Ritholtz

FEBRUARY 13, 2023

He holds all sorts of fascinating titles in addition to chief investment officer for bonds. trillion in various investments. If you’re at all interested in a lecture school in investing or fixed income, or active and passive, this is just a masterclass as to how to do it right. He helps to oversee $2.5 RITHOLTZ: Really?

Mergers and Acquisitions (M&A) 57

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SEPTEMBER 29, 2019

China ’s financial markets will stay open and foreign investment will be welcomed even though U.S. Chinese efforts to enhance reform and opening will be slowed down in the short term, but it will never be stopped,” Liao Qun, Hong Kong-based chief economist with China Citic Bank International Ltd., told Bloomberg. fell to $5.4

Investments 43

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NOVEMBER 13, 2017

When it comes to global investing, money comes with a price. The repercussions are felt, in turn, by the companies and institutions that are the initial beneficiaries of the foreign investments, and suddenly … might not be. His investments have included Apple, too, dating back to 1997. We’ll stop with the wordplay now.).

Investments 40

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SEPTEMBER 13, 2018

Business is no different – specifically in this case, banking. We’re looking backwards after some banking regulations were eased this past year – surely you know of Dodd-Frank – and from this vantage point, one might wonder how we got here. In fact, here is a starting point for thinking about how banking has changed.

Banking 43

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PYMNTS

SEPTEMBER 13, 2018

Business is no different – specifically in this case, banking. We’re looking backwards after some banking regulations were eased this past year – surely you know of Dodd-Frank – and from this vantage point, one might wonder how we got here. In fact, here is a starting point for thinking about how banking has changed.

Banking 40

Banking Leverage Securities Financial Systems 40

PYMNTS

AUGUST 29, 2018

A bit of background: The swirl of headlines around recent declarations from Germany’s foreign minister for the EU, Heiko Maas, to set up its own international payments network , is one that brings to bear all sorts of issues over economics and politics. The Debate Springs Forth. We’ve seen this movie before, it seems.

Economics 40

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AUGUST 7, 2017

According to many members of the House and other Republicans — and as reported by GrayDC.com — the bill causes harm to smaller banks and enterprises in the United States while consumers do not accrue much in the way of benefits. In a series of interviews with GrayDC, observers weighed in on the Financial Choice Act’s potential impact.

Banking 40

Banking Financial Systems Economics Finance 40