PYMNTS

AUGUST 28, 2020

and Canadian banks are all but certain to cut personnel costs as the COVID-19 shock gives way to more long-term economic problems, even though the CEOs of some banks pledged this past spring to not lay off employees, per sources as reported by Reuters on Friday (Aug. and we might see an increase in restructuring.”. and Wells Fargo.

Banking 108

Banking Restructuring Economics Finance 108

The Finance Weekly

JANUARY 12, 2023

While 2023 has just started, the economic turbulence that has carried over from 2022 is as strong as ever. CEO Marc Benioff took some level of responsibility in a statement: “As our revenue accelerated through the pandemic, we hired too many people leading into this economic downturn we’re now facing, and I take responsibility for that.”.

Economics 105

Economics Restructuring Manufacturing Startups 105

The Charity CFO

JULY 14, 2022

Having a grasp on your cash flow is ALWAYS important, but even more so in the face of economic and fundraising uncertainty brought on by a global or national recession. Take a hard look at which debt you can pay off or restructure now to reduce your monthly payments. Create a Detailed Fundraising Plan. Every quarter? Every year?

Nonprofit 105

Nonprofit CFO Economics Restructuring 105

E78 Partners

APRIL 11, 2023

Today’s global financial landscape is fraught with high inflation, geopolitical risks, and a shifting economic environment. In addition, emerging geopolitical tensions have increased the potential for economic and financial fragmentation, posing risks to cross-border capital allocation and global financial stability.

Restructuring 52

Restructuring Financial Systems Communication Economics 52

Spreadym

SEPTEMBER 12, 2023

Budget preparation is the process of creating a detailed financial plan that outlines an organization's expected income and expenses for a specific period, typically for a fiscal year. Consider Contingencies: Plan for unexpected expenses or emergencies by including a contingency fund in your budget. 3 to 5 years).

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

Fpanda Club

SEPTEMBER 2, 2021

This relates to FP&A which stands for financial planning and analysis. FP&A analyst, in turn, is a promising yet developing profession that can be interesting to graduates with finance, statistics, economics or business degrees as well as to finance professionals from adjacent disciplines.

Financial Planning and Analysis (FP&A) 130

Financial Planning and Analysis (FP&A) Corporate Finance Communication Budgeting 130

PYMNTS

JULY 2, 2020

She said there could be more cuts coming due to adverse economic conditions. “We The company was able to reach a deal with most of its lenders that afforded it another $450,000 to stay afloat during its restructuring. Meanwhile, Golds Gym filed for Chapter 11 in early May, amid a plan to shutter 32 locations.

Restructuring 88

Restructuring Communication Retail Economics 88

PYMNTS

OCTOBER 28, 2020

The effort is part of the retailer's restructuring plan. In July , it was reported that Bed Bath & Beyond would close 200 stores over the next two years due to the economic effects of the pandemic. Sales had plummeted 50 percent in the early part of the year, falling from $2.57 billion to $1.31 billion.

Restructuring 79

Restructuring Retail Economics Sales 79

PYMNTS

JANUARY 20, 2021

The PBOC said it also plans to monitor corporate activities such as changes in corporate shareholders or beneficiaries, Bloomberg said. Chinese regulators have since ordered Ant to restructure its business and have launched an antitrust probe into its sibling company, Alibaba , Bloomberg added.

Restructuring 70

Restructuring Valuation Education Economics 70

PYMNTS

MARCH 19, 2020

Now, with the virus continuing to have unprecedented and unpredictable effects worldwide, Quinn’s plans, including cutting tens of thousands of jobs and closing businesses that haven’t been performing well, may face difficulties in implementation. grapple with serious threats from the virus.

Restructuring 53

Restructuring Economics Planning Securities 53

VCFO

JULY 12, 2022

Business leaders, investors, and market watchers are increasingly concerned about the possibility of an economic downturn in the relatively near future. Below are several suggestions for businesses to position themselves to weather potential economic distress and emerge stronger on the other side.

Benchmarking 81

Benchmarking Restructuring Economics Technology 81

E78 Partners

AUGUST 24, 2023

Recognizing the Signs: When to Consider an Interim CFO Business Transformation: If your company is undergoing a significant transformation, such as a merger, acquisition, or restructuring, an Interim CFO can navigate complex financial matters, assess risks, and ensure smooth transitions.

CFO 52

CFO Leadership Restructuring Strategic Planning 52

CFO News Room

NOVEMBER 8, 2022

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. In 2010, Michael was recognized with one of the FPA’s “Heart of Financial Planning” awards for his dedication and work in advancing the profession.

Restructuring 130

Restructuring Planning Accounting Marketing 130

CFO News Room

JANUARY 11, 2023

The emerging winners will be the ones who take a more nuanced approach, tailoring the answer to the strength of their own products and markets, as well as to how economic uncertainty affects their customers. Through cuts, restructuring, and resource reallocation, Google seeks to become “20% more efficient.”.

B2B 100

B2B Sales Concentration Restructuring 100

PYMNTS

FEBRUARY 7, 2020

The latest signs come from Macy’s , which in recent days announced a restructuring that will see the mall stalwart close 125 department stores and slash 2,000 jobs. 4), Gennette emphasized that the company has a “clear vision” of how it will “fit into retail today” as he unveiled the restructuring plan.

Retail 57

Retail Restructuring eCommerce Sales 57

PYMNTS

APRIL 23, 2020

The “Planning with Confidence in the COVID-19 Era” report is based on input from institutions, global student communities and industry affiliations with insights to help contend with the economic obstacles that COVID-19 presents. According to one of the report’s findings, payment plans are key to affordability.

Education 52

Education Healthcare Restructuring Budgeting 52

CFO Share

MARCH 10, 2023

What will happen to SVB in receivership Receivership is an orderly restructuring or liquidation of a company – in the case of SVB, the FDIC. Savvy business owners will be more cautious about investing money this next few weeks, slowing down the movement of money and economic growth. Stay tuned to what happens Monday March 13th.

Restructuring 40

Restructuring Forecasting Communication Banking 40

PYMNTS

NOVEMBER 11, 2019

Small Business Banking Peter McIntyre said the bank plans to onboard hundreds of thousands of small business customers onto the Kinetic platform when it officially launches. The bank also plans to expand Kinetic into new geographic markets. We haven’t yet sized what that means in terms of the restructuring.”.

Banking 42

Banking Profit and Loss Restructuring Budgeting 42

Spreadym

NOVEMBER 23, 2023

Lower OPEX can indicate a more efficient use of resources, which might attract investors or indicate a company's ability to weather economic downturns. Forecasting and Planning: Understanding historical OPEX trends aids in forecasting future expenses. Not Comprehensive: OPEX doesn’t encompass all costs related to running a business.

Financial Analysis 59

Financial Analysis Benchmarking Restructuring Cost Management 59

PYMNTS

DECEMBER 8, 2019

France, Spain and Switzerland have suffered due to Brexit, slowing economic growth, increasing regulations and the European Central Bank’s negative interest rates. The costs of reducing overcapacity through restructuring?.?.?.?are Italian lender UniCredit is planning to cut 8,000 jobs and 500 branches to save €1 billion.

Profit and Loss 56

Profit and Loss Restructuring Auditing Economics 56

PYMNTS

DECEMBER 19, 2019

The bank is expecting to deliver services like planning and financing advice to help firms in danger of becoming junked to get out of predicaments, according to Daniel Rudnicki Schlumberger, who jointly runs the bank’s Leveraged Finance Origination for Europe, the Middle East and Africa. JPMorgan Chase & Co.

Restructuring 52

Restructuring Leverage Finance Banking 52

PYMNTS

JUNE 4, 2020

The layoffs come one week after McLaren Automotive, a car maker in Surrey, a county in Southeast England, trimmed 1,200 jobs under a proposed restructuring program as it deals with the fallout from the pandemic. The job cuts represent more than 25 percent of the company’s workforce of more than 4,000, Reuters reported. and Europe.

Sales 52

Sales Restructuring Manufacturing Economics 52

VCFO

JANUARY 27, 2022

total economic melt downs, (2000, 2008), terrorist attacks, pandemics (bird flu, swine flu, coronavirus), natural disasters (fires, earthquakes, hurricanes and floods), and geo-political tensions and disruptions. Time tested business plans will simply not work without adjustments as inflation takes hold. Fix Your Debt.

Benchmarking 81

Benchmarking Restructuring Leadership Planning 81

Corporate Finance Lab

DECEMBER 3, 2021

The official deadline for the implementation of the Directive (EU) 2019/1023 on restructuring and insolvency was scheduled for 17 July 2021. Such class formation for the approval of a restructuring plan is unprecedented in Belgian insolvency law and could completely upset the bargaining dynamics between stakeholders in Belgian restructurings.

Restructuring 64

Restructuring Planning Reconciliations Economics 64

Corporate Finance Lab

JULY 11, 2023

The long anticipated law of 7 June 2023 implementing the European Directive on restructuring and insolvency brings about a major reform of Belgian insolvency law. The debtor stays in possession and draws up a reorganisation plan proposing debt write offs and other concessions to be made by the creditors.

Restructuring 48

Restructuring Securities Planning Sales 48

Future CFO

FEBRUARY 21, 2021

Various measures by the Indian government to support borrowers have helped curb growth in public sector banks' nonperforming loans (NPLs), and the volume of restructured loans is not as large as we anticipated," said Rebaca Tan, a Moody's Assistant Vice President and Analyst. The government plans to infuse INR200 billion (US$2.7

Banking 40

Banking Restructuring Budgeting Economics 40

PYMNTS

MARCH 19, 2020

The Federal Reserve said it is planning to inject $1 trillion to boost the economic climate. We are now at a point where there will have to be a debt restructuring and a monetization of that,” Dalio said. He suggests a minimum of $1.5 Dalio said there’s an “inability of central banks to stimulate in a way that’s normal.”

Restructuring 56

Restructuring Economics Banking Marketing 56

PYMNTS

SEPTEMBER 28, 2020

There can be an economic impact from that sadness — and a lack of spending.”. You cannot restructure when revenues go to zero,” he told Webster, adding that for a number of retailers and restaurants, “that’s probably the biggest liquidity crisis.”. The liquidity challenges are towering, he said. Where We Go From Here.

Accounts Payable 116

Accounts Payable Restructuring Entertainment Economics 116

PYMNTS

AUGUST 20, 2020

Amid the lingering economic aftershocks of the pandemic looms a housing crisis — if millions of people are unable to pay the rent. The FinTech, which offers a platform that helps create customized payment plans that take into account renters’ cash flow situations. Common Ground For Tenants And Landlords .

Restructuring 96

Restructuring Planning Economics Accounting 96

PYMNTS

SEPTEMBER 24, 2020

We’ve seen Ralph Lauren come close to economic trouble, arguably because the department stores and boutiques that have not been open for a good part of Q2 have either underperformed or have not performed at all. We’ve seen the CEO of Saks pen an insightful piece for Fast Company that basically admits how broken the department store model is.

Restructuring 64

Restructuring Retail eCommerce Communication 64

Future CFO

JANUARY 21, 2020

Singapore firms identified trade wars (39%) and the global economic slowdown (34%) as immediate key challenges for home-grown businesses that operate across multiple jurisdictions. This is followed by political and socioeconomic pressures over climate change affecting business strategies and operations (34%).

Restructuring 40

Restructuring Economics Leverage Planning 40

PYMNTS

MAY 5, 2020

After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 The coronavirus pandemic and the economic shutdown it has prompted have exposed a central vulnerability to Disney’s once-bulletproof business plan,” wrote The Wall Street Journal. billion, up from $14.9

Profit and Loss 65

Profit and Loss Restructuring Entertainment Economics 65

Future CFO

JUNE 4, 2020

Of the Asia-Pacific companies surveyed after the pandemic started, 75% indicate they’re planning to divest within the next two years, marginally higher than responses just before the pandemic (74%), EY pointed out, adding that more than half (59%) of the Asia-Pacific companies plan to divest in the next 12 months. Result highlights.

Restructuring 52

Restructuring Investments Communication Planning 52

CFO Talks

FEBRUARY 18, 2024

This involves developing a comprehensive plan that outlines the specific measures to be taken and the expected outcomes. Long-term measures could involve implementing process improvements, adopting new technologies, or restructuring the organisation to optimise efficiency.

Communication 52

Communication CFO Restructuring Sales 52

PYMNTS

JANUARY 23, 2019

The economic slowdown that has been flagged this week by the International Monetary Fund (IMF) is one that may be sparked in part by a no-deal Brexit , and fanned by a consistently slowing Chinese economy. is not helping matters. is not helping matters. My, that dance card’s getting crowded.) In a word, a four-letter one: debt.

Restructuring 48

Restructuring Economics Numbers Finance 48

PYMNTS

MAY 19, 2020

In response to such fears, Walmart reported restructuring its hours to enable such things as special hours for senior citizens and frontline workers and enhanced time for cleaning and sanitizing stores. The chain also increased its number of pickup and delivery slots so that fewer customers have to enter stores. Navigating Uncertainty .

Retail 88

Retail Restructuring CFO eCommerce 88

PYMNTS

MAY 1, 2019

In a statement at the time, Treasury Economic Secretary John Glen described these figures as a success. “Small businesses are the backbone of Britain, yet many give up on their plans to expand if they can’t get a loan from their bank. now, however, thanks to our matchmaking scheme, they have another shot.”

Accounting 59

Accounting Banking Corporate Finance Treasury 59