This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
I spend most of my time in the far less rarefied air of corporatefinance and valuation, where businesses try to decide what projects to invest in, and investors attempt to estimate business value.
Anticipating Financial Challenges: Strategic Measures for CorporateFinance As a CFO in South Africa or elsewhere in Africa, you’re no stranger to the financial hurdles that come your way. Inflation rates can change rapidly, currencies can lose value quickly, and access to money can become difficult.
For the most part, a lot of what people are talking about is not a currency. We call it a cryptocurrency, but it’s not a currency. Koller: Stablecoins are cryptocurrencies tied to real-world assets, usually the US dollar or another fiat currency. From a corporate valuation perspective, they’re not particularly interesting.
For the week ending on June 6, foreign currency assets, a major component of the reserves, increased by $3.47 Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves. bn to reach $696.6 billion to $696.66
The key benefit of Benfords law is that it doesnt matter what kind of firm it ispublic, private, what accounting policies it follows, what currency it operates in, whether its loss-making, whether its a growth company, highly leveraged or no leverage at allmakes absolutely no difference.
Separate research last month also examined how corporatefinance expects are bracing for this digital disruption. Finance professionals spoke with Gartner, Inc. ” B2B payments is another area of corporatefinance that some analysts expect blockchain to disrupt in a major way.
GF : Lately, the US Treasury Department seems to be saying that the US doesnt need a central bank digital currency [CBDC], i.e., a digital dollar. But if youre a regional bank that does a lot of corporatefinance, blockchain probably doesnt change your business that much. It can use stablecoin. Is that your read too?
GF : Lately, the US Treasury Department seems to be saying that the US doesnt need a central bank digital currency [CBDC], i.e., a digital dollar. But if youre a regional bank that does a lot of corporatefinance, blockchain probably doesnt change your business that much. It can use stablecoin. Is that your read too?
Two currencies that have strengthened compared to the dollar are the Mexican peso and Brazilian real. Since the beginning of the year, the dollar has risen 17 percent against the British pound, 25 percent against the Swedish krona and Japanese yen, and an astounding 40 percent against the Argentinean peso.
I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions. What is a risk free investment? Why does the risk-free rate matter?
According to S&P Global Market Intelligence, crypto‑currency IPO volume peaked in 2021 with 11 offerings valued at $596 million. In June, the US Senate passed the GENIUS Act, a landmark federal bill that establishes a regulatory framework for dollar-backed stablecoins. So far this year, five crypto IPOs have raised just over $2.1 billion.
In my last point on inflation, I noted that a currency with higher inflation can be expected to depreciate over time against a currency with lower inflation. That expected devaluation in the high-inflation currency is not risk, though, since it can and should be incorporated into your forecasts.
The year 2024 brings a landscape of unprecedented challenges and opportunities for corporate treasurers. From the ongoing global conflicts to the lingering effects of high inflation, corporatefinance professionals are gearing up to navigate an environment marked by volatility and uncertainty.
ADGM is also advancing in digital assets and alternative investments, offering a regulatory framework geared to attract fintechs, hedge funds, and start-ups involved in digital currencies and tokenized assets.
Suppressing illegal trade is expected to result in increased revenues, with the ripple effect boosting reserves and stabilizing the local currency, the cedi. In 2022 alone, 60 tons of gold worth an estimated $1.2 billion was smuggled out of the country. The timing appears perfect.
billion, marking the countrys largest local currency private debt deal. Indias Shapoorji Pallonji (SP) Group, a construction and real estate conglomerate, is negotiating with global private credit funds to raise $3.3 The funds will be used to refinance existing debt.
Previously the legal and executive representative for the local currency funds incorporated in Beijing and Chengdu, Ho was the head of China for a pan-regional private equity growth fund. Janet Wong, CFA, is a corporatefinance professional with more than six years of experience in the industry.
Corporatefinance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. A new report from Deutsche Bank said this industry path is guiding banks and corporates to a new destination: real-time treasury.
In an effort to get more clarity on the regulation of digital currencies, U.S. The lawmakers are looking for the official to lay out how the agency plans to regulate digital currency in clearer terms, CNBC reported. representatives wrote to U.S. Securities and Exchange Commission (SEC) chairman Jay Clayton.
RPA is igniting chatter in the corporatefinance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.
Trapped cash is a key concern for large multinationals; the more currencies they operate across, the bigger the headache. Flexibility, he advises, is key to warding off restrictive rigidity.
Ghana’s decision to exclude international banks from funding cocoa production may have opened opportunities for its domestic financiers and traders to invest in the sector, but analysts fear that the move leaves the country’s currency, the Cedi, vulnerable to weakening.
Resilience, coupled with some slightly sunnier macroeconomic conditions, suggests that M&As and initial public offerings (IPOs) in 2025 could maintain momentumdespite certain aspects of corporatefinance currently being on the downtrend. At last check, global M&A is down 7% in 2025 compared to 2024; in the US, its down 32%.
Citi ‘s latest report on how the corporatefinance world plans to navigate volatility in 2019 suggests chief financial officers (CFOs) have a role model toward which to look: the so-called “tech titans.” ” The report stated that Citi estimates $10.6
Wirex , which providers consumers with an account to store both fiat and cryptocurrency, recently stepped into the corporatefinance space with the launch of its business account. Co-Founder Dmitry Lazarichev explained to PYMNTS why the company remains confident in cryptocurrency’s potential for corporate payments.
According to the report, “ The Shifting Landscape of Finance ,” data is at the heart of the chief financial officer’s role. For instance, only 20 percent of CFOs ranked RPA as a top priority, while blockchain, smart contracts and virtual currencies also failed to secure top spots on their lists.
In my last point on inflation, I noted that a currency with higher inflation can be expected to depreciate over time against a currency with lower inflation. That expected devaluation in the high-inflation currency is not risk, though, since it can and should be incorporated into your forecasts.
‘And that which should occur finally occurred: the well-deserved ruin of the gullible, while the professor peacefully continued to enjoy his tenure’ To inspire our summer reading CorporateFinance Lab asked a few prominent lawyers and friends of the Lab: (1) which books were formative for you as a lawyer?
banks may be forced to move those derivatives in preparation for Brexit, in what would be a significant disruption to corporatefinances, reports in The Wall Street Journal ( WSJ ) said Tuesday (Oct. European Union (EU)-based businesses that have obtained financial instruments from U.K.
In my corporatefinance class, I describe all decisions that companies make as falling into one of three buckets – investing decisions, financing decision and dividend decisions. Financing Flows 5. Dividend yield & payout 3. Default Spreads 3. Margins & ROC 3. Tax rates 4. Costs of equity & capital 4.
One of the areas of corporatefinance experiencing the biggest exposure to these disruptors is global payments. As new challenges emerge, corporate treasurers will have new issues to worry about. And that’s all about using technology-based services to re-engineer treasury activities.” ”
For corporatefinance executives, few professional experiences are as adeptly converted into social currency as those manifested inside the realm of mergers and acquisitions (M&A). This is a very important topic in the healthcare sector.
At the top of the list is “abnormal currency weakness,” which slashed R7 billion (about $390 million) in profits from its books over the past 18 months. .” Its timing is ideal for Canal+, which controls a 45% stake in Multichoice and has become increasingly frustrated by the company’s decline. million in 50 markets.
In its Financial Complexity Index 2017 report, TMF Group examined 94 jurisdictions in Europe, the Middle East, the Americas, Asia Pacific and Africa, diving into how various regulations change and how those changes might affect corporatefinance. There are also an “extremely high number” of tax rules.
The Morning Ledger provides daily news and insights on corporatefinance from the CFO Journal team. One recent scenario for which investors want more transparency involves audits conducted in Macau, which maintains its own jurisdiction and currency despite returning to Chinese rule from Portuguese control in 1999. .
The Maldives Monetary Authority is arranging a $400 million foreign currency swap with the Reserve Bank of India to bolster its financial position and ease concerns of an immediate default. That leaves the government on the hook to repay over $500 million in debt in 2025 and $1 billion in 2026, when the $500 million Sukuk issue matures.
For corporatefinance executives, few professional experiences are as adeptly converted into social currency as those manifested inside the realm of mergers and acquisitions (M&A). First, permit us to supply a few details about Laackman and her long and adventurous corporatefinance career.
Securities and Exchange Commission’s William Hinman said the agency is “striving for a balanced approach” between digital currencies and initial coin offerings (ICOs), a U.S. Hinman, who is the director of the agency’s Division of CorporationFinance, did say blockchain technology “may have some promise.” While the U.S.
“For mid-sized companies making between £30 million and £300 million per annum, there is a lot of upside to start doing proper cash flow forecasting and professionalize finance processes.
The company is expanding its partnership with Visa to white-label its offering, enabling corporates to issue their own cards and consolidate their own commercial card programs. Nium’s offering includes real-time funds transfers to physical and virtual cards, tokenization of card details, and support for multiple currencies.
Reports said their partnership means Bosch can make both domestic and cross-border payments in its local RMB currency, as well as foreign currencies, all on a single banking platform. “We
The central bank has a long philosophical commitment to maintaining a stable currency, contrary to the IMF’s demand, Lubin points out. Those would include elements of the army, which is Sisi’s base of power. A more immediate concern will be whether the government can fulfill its end of the IMF deal.
Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporatefinance. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.
Innovation: New Cash Management Program Company: Intesa Sanpaolo The bank’s New Cash Management Program consists of two innovative solutions for corporate customers: the Multi-Currency Optimizer and Virtual Account Management. It delivers payments directly to a worldwide workforce, without bank processing or currency conversion fees.
We organize all of the trending information in your field so you don't have to. Join 39,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content