Michigan CFO

SEPTEMBER 12, 2022

A recession disrupts the economic environment your business operates in. Traditional economic statisticians define a recession as two consecutive quarters of GDP decline. Recessions are part and parcel of what’s known in economics as the business cycle. What Is a Recession? By that definition, we are already in a recession.

Profit and Loss 40

Profit and Loss CFO Budgeting Economics 40

PYMNTS

JULY 26, 2017

The federal banking system is, and should be, a source of strength for the nation and its economy. When it is running well, it powers tremendous growth and economic prosperity for consumers, businesses and communities across the country,” said Keith A. Today, the federal banking system remains healthy,” he continued.

Banking 46

Banking Compliance Currencies Concentration 46

PYMNTS

MARCH 2, 2020

The novel coronavirus, officially known as COVID-19, has been the ongoing and unexpected opening drama of 2020, wreaking havoc in both public health and economic terms. Apparently a global disease outbreak and all the unpleasant economic symptoms it brings along in its wake create boom conditions in segments of commerce one might not expect.

Healthcare 52

Healthcare Economics Marketing Manufacturing 52

CFO News Room

NOVEMBER 18, 2022

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

Banking 100

Banking Economics Leverage Currencies 100

PYMNTS

OCTOBER 14, 2016

Governments the world over are struggling with bitcoin and blockchain; regulatory frameworks for conventional financial systems are not applicable to digital currencies. For the central banks, they hope to gain a more transparent, fast and secure financial system through real-time tracking of currency.

Currencies 77

Currencies Banking Financial Systems Technology 77

PYMNTS

MARCH 28, 2016

The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. Fewer checks means that it actually costs more for a bank and a business to process them since the scale economics are diminishing.

Accounting 48

Accounting Banking Financial Systems Retail 48

Barry Ritholtz

NOVEMBER 8, 2022

I mean, I didn’t want to blow my own trumpet up too much because most of the positions were in place, the quality funds, which more defensive and less leveraged, and low allocation to — a relatively low allocation to equities, and then the hedge funds sort of long/short positions that benefited in the financial crisis.

Valuation 56

Valuation Finance Investments Banking 56

PYMNTS

OCTOBER 8, 2018

Buffet’s expertise in the economics of railroads grew out of his childhood fascination-turned lifelong interest in them. 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. In 2014, the last time data was publicly reported , U.S.

B2B 76

B2B Banking Economics Securities 76

Barry Ritholtz

FEBRUARY 13, 2023

You know, people are comfortable, leverage builds. You know, the leverage in the system builds. RIEDER: And all of a sudden, you change the economic paradigm so darn fast. You know, started with Bear Stearns, and then all of a sudden, financial institutions are levered entities. RIEDER: Yeah. RITHOLTZ: Right.

Mergers and Acquisitions (M&A) 56

Mergers and Acquisitions (M&A) Investments Marketing Education 56

PYMNTS

SEPTEMBER 13, 2018

But like a glacier, Lehman was only the visible part of a system marked by high leverage and the churn that takes place with derivatives trading, asset-backed securities sliced and diced into pools – and, of course, a housing market that required little to no proof that borrowers could actually pay their mortgages. trillion today.

Banking 43

Banking Leverage Securities Financial Systems 43

PYMNTS

SEPTEMBER 13, 2018

But like a glacier, Lehman was only the visible part of a system marked by high leverage and the churn that takes place with derivatives trading, asset-backed securities sliced and diced into pools – and, of course, a housing market that required little to no proof that borrowers could actually pay their mortgages. trillion today.

Banking 40

Banking Leverage Securities Financial Systems 40

PYMNTS

OCTOBER 1, 2018

Yet, what’s amazing to me is that we are still, as an industry, talking about it — bitcoin, now crypto, blockchain — as if its potential to revolutionize our global financial system, and the way money moves between parties around the world, is just around the corner. But as the salvation of our global financial system, not even close.

Currencies 85

Currencies Concentration Financial Systems Leverage 85

Barry Ritholtz

APRIL 8, 2024

The transcript from this week’s, MiB: Ed Hyman on Using Economic Data Opportunistically , is below. So you have all of this very pragmatic experience as opposed to getting a PhD in economics, which tends to be a little more abstract and academic. That’s just unprecedented. And then you get an MBA from MIT. Four years.

Economics 56

Economics Marketing Forecasting Numbers 56

PYMNTS

DECEMBER 12, 2018

Among the looming risks: leveraged loans. “I think things have improved, but then I think there are gigantic holes in the system,” Yellen said at the event, which was moderated by Paul Krugman, New York Times columnist. CNBC reports that Yellen, speaking at a discussion in New York on Monday (Dec.

Financial Systems 43

Financial Systems Leverage Economics Banking 43

PYMNTS

APRIL 11, 2019

It should be noted that the Wednesday (April 10) testimony, en masse, represented the largest gathering of banking heads since the financial crisis itself. Disparate lines of questioning took discussion, from the state of the financial system to guns, and from cryptos to executive compensation.

Financial Systems 63

Financial Systems Banking B2C Accounting Standards 63

PYMNTS

MARCH 18, 2020

Whenever a seismic event comes on the scene, and threatens to swamp the financial system and the U.S. That sentiment was echoed, at least in part, Wednesday (March 18) in an op-ed that ran in the Financial Times , penned by Ben Bernanke and Janet Yellen, former heads of the U.S. This time is different, as the saying goes.

Treasury 56

Treasury Leverage Financial Systems Economics 56

PYMNTS

APRIL 11, 2019

It should be noted that the Wednesday (April 10) testimony, en masse, represented the largest gathering of banking heads since the financial crisis itself. Disparate lines of questioning took discussion, from the state of the financial system to guns, and from cryptos to executive compensation.

Financial Systems 40

Financial Systems B2C Banking Accounting Standards 40

PYMNTS

JULY 23, 2018

Economics, of course, is an internal event, as well as an external one, that crosses borders via trade. The move, Reuters noted, is one that seeks to offset some of the impact of the aforementioned trade war, which could include a slowdown of overall economic growth. China’s Lending Rates In Crosshairs.

Valuation 40

Valuation Securities Economics Budgeting 40