article thumbnail

World’s Best Banks 2024—Asia-Pacific

Global Finance

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 of E.Sun’s overall profit.

Banking 52
article thumbnail

Inventory Management in Manufacturing

VCFO

That’s because inventory is a key driver of several profit & loss (P&L) statement components, from revenue all the way down to net profit. A benchmark exercise can also provide insight here. raw material, inbound freight, internal transport costs) All conversion costs (e.g.,

article thumbnail

Transcript: Eric Balchunas

Barry Ritholtz

And this is part of the story I was so fascinated with was why would someone set-up a company where they deliberately turn over all the future profits to the — to the people? BALCHUNAS: … because if you look at any study, the lowest cost active funds beat their benchmarks way more. I run it at a loss. It’s unique.