PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

PYMNTS

SEPTEMBER 22, 2020

As of last year, Deutsche has been undergoing a restructuring effort that encompasses a decrease of its balance sheet, 18,000 employment reductions by 2022 and less investment banking activity. PNC Bank plans to reduce the count of its branch offices through next year, Fox Business reported. In the U.S.,

Banking 84

Banking Planning Restructuring Forecasting 84

PYMNTS

AUGUST 28, 2020

No question, layoffs (will) come across the board for all the banks,” Barry Schwartz , chief investment officer at Toronto-based Baskin Wealth Management, told Reuters. His firm invests in J.P.Morgan Chase and other banks. and we might see an increase in restructuring.”. We’re starting to see it now. and Wells Fargo.

Banking 108

Banking Restructuring Economics Finance 108

CFO Share

APRIL 12, 2024

Here’s one piece of universal small business advice to all business owners: invest equal time in financial risk management as growth planning. A significant decrease in revenue can result in layoffs or restructuring. What would you do if you lost your largest customer? Or your key sales person?

Risk Management 104

Risk Management CFO Restructuring Sales 104

CFO News Room

JANUARY 4, 2023

Earlier this week, Wells Fargo named the stock a top tactical investing idea for the first quarter. Salesforce — Shares of the cloud-based software company jumped more than 3% after Salesforce announced that it is cutting 10% of its personnel and reducing some office space as part of a restructuring plan.

Restructuring 130

Restructuring Healthcare Valuation Compliance 130

CFO Thought Leader

OCTOBER 17, 2023

Unbeknownst to McClure—and perhaps even to the firm’s subsequent new CFO hire—a transformative chapter was about to get under way at the security firm that involved a massive restructuring and Chapter 11 bankruptcy. Jack Sweeney “Don’t rigidly plan your career by focusing too much on a destination many years down the road.

CFO 59

CFO Restructuring Leadership Finance 59

PYMNTS

AUGUST 23, 2020

The pandemic has fueled the need for European banks to restructure following years of poor performance. For example, based on weak returns, the newspaper reports HSBC is planning to trim 15 percent of its workforce. For example, based on weak returns, the newspaper reports HSBC is planning to trim 15 percent of its workforce.

Banking 83

Banking Restructuring Numbers Planning 83

PYMNTS

FEBRUARY 14, 2020

MyTheresa , the online luxury fashion retailer, plans to list on the New York Stock Exchange to take advantage of robust equity markets. Neiman Marcus has faced a lawsuit in the New York State Supreme Court over a debt restructuring that creditors said caused a decline in the value of MyTheresa.

Planning 57

Planning eCommerce Restructuring Retail 57

PYMNTS

JULY 31, 2020

According to the The Dallas Morning News , the luxury retailer is closer to exiting bankruptcy and is on schedule to have an approved business plan this fall and to emerge from Chapter 11 before Christmas. Bankruptcy Judge David Jones is expected to sign off on the plan next week.

Restructuring 78

Restructuring Retail Planning Investments 78

Accountancy Today

MARCH 1, 2023

It said a multidisciplinary team, led by Restructuring partner Geoff Rowley and FRP Corporate Finance partner Matthew Flower, then worked closely to help Truphone find a solution to the financial and operational challenges it faced.

Corporate Finance 81

Corporate Finance Sales Finance Restructuring 81

The Charity CFO

JULY 14, 2022

Take a hard look at which debt you can pay off or restructure now to reduce your monthly payments. In times of recession and uncertainty, it’s important that you have as much of your cash available as possible, as opposed to being tied up in long-term investments or blocked by donor restrictions. Revisit Your Investment Strategy.

Nonprofit 105

Nonprofit CFO Economics Restructuring 105

PYMNTS

JULY 16, 2018

PayPal Leads Investment In PPRO. Through this investment, PayPal said PPRO plans to accelerate the expansion of its payments platform and the international presence of its alternative payments-acquiring business. Bloomberg reported that Apple is restructuring its team of sales people in India.

Investments 40

Investments Restructuring eCommerce Banking 40

CFO Share

APRIL 25, 2024

A Project Manager Distressed companies have more problems than time to solve them, so CFOs must prioritize the most critical company initiatives, investing their time and effort into the biggest most threatening issues. This is a fine line to walk, which all but the most seasoned finance professionals struggle to maintain.

CFO 52

CFO Forecasting Restructuring Prioritization 52

CFO Share

APRIL 25, 2024

A Project Manager Distressed companies have more problems than time to solve them, so CFOs must prioritize the most critical company initiatives, investing their time and effort into the biggest most threatening issues. This is a fine line to walk, which all but the most seasoned finance professionals struggle to maintain.

CFO 52

CFO Forecasting Restructuring Prioritization 52

CFO Share

APRIL 25, 2024

A Project Manager Distressed companies have more problems than time to solve them, so CFOs must prioritize the most critical company initiatives, investing their time and effort into the biggest most threatening issues. This is a fine line to walk, which all but the most seasoned finance professionals struggle to maintain.

CFO 52

CFO Forecasting Restructuring Prioritization 52

PYMNTS

JUNE 4, 2018

Italy’s UniCredit and French rival Société Générale are planning to merge, which could lead to other big banking mergers throughout Europe. SocGen, whose investment bank Mustier once ran, would help the Italian lender bolster its investment banking and eastern European operations. The combined entity would have more than $1.6

Planning 40

Planning Banking Restructuring Investments 40

PYMNTS

JANUARY 24, 2020

The company sent out an email offering options to vendors: the amount owed in MedMen class B non-voting shares, a payment plan or a one-time payment for half of what’s owed, in cash. The industry investment dried up in about March of last year, according to Viridian Capital Advisors data.

Restructuring 54

Restructuring Accounts Payable Retail Investments 54

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. Account for Savings and Investments: Allocate a portion of your income for savings, investments, or emergency funds.

Budgeting 59

Budgeting Strategic Planning Forecasting Economics 59

PYMNTS

JUNE 5, 2020

Sycamore is considering acquiring the entire company or making an investment in JCPenney, the news service reported. If it cannot persuade enough lenders to approve its plan by July 15, the terms of its bankruptcy loan require JCPenney to abandon its reorganization efforts and pursue a sale. In a hearing on Thursday (June 4), U.S.

Restructuring 54

Restructuring Retail Sales Planning 54

PYMNTS

AUGUST 4, 2017

While the firm said it is closing one of its companies “as part of a planned restructure,” and assured that customers wouldn’t be affected, the news did raise concerns over its financial health. Surpassing even Dianrong’s investment was Kabbage, which announced Thursday (Aug. Alternative Lending. Lendingkart.

Investments 43

Investments B2B Finance Restructuring 43

The Finance Weekly

JANUARY 12, 2023

It isn’t clear when Amazon planned to announce their layoffs as they blamed a staff leak on having to make it public earlier than expected, however it appears that a full 18,000 employees are expected to be terminated. billion by the end of fiscal 2025, and restructuring and other charges of approximately $1.0 billion.”.

Economics 105

Economics Restructuring Manufacturing Startups 105

PYMNTS

SEPTEMBER 19, 2019

“We have been investing in our capabilities to operate as a digital platform for a considerable length of time,” Karl von Rohr, president of Deutsche Bank , said in the release. It is also planning a launch in the U.S. ZinsMarkt has already processed about €2 billion ($2.2 in the coming months.

Banking 75

Banking Mergers and Acquisitions (M&A) Restructuring Valuation 75

PYMNTS

OCTOBER 10, 2018

However, the sources told WSJ that the retailer is looking into alternatives to avoid a restructuring in court. 9), Sears reportedly brought on a new director, Alan Carr, who is a restructuring expert. The news comes as Lampert was pitching a rescue plan in an effort to avoid bankruptcy. And, on Tuesday (Oct.

Restructuring 47

Restructuring Retail Investments Planning 47

Spreadym

NOVEMBER 23, 2023

Investment Decisions: OPEX analysis assists in investment decisions by providing insights into the sustainability of operations. Forecasting and Planning: Understanding historical OPEX trends aids in forecasting future expenses. Deviations from industry standards can highlight areas for improvement or competitive advantages.

Financial Analysis 59

Financial Analysis Benchmarking Restructuring Cost Management 59

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

PYMNTS

AUGUST 21, 2020

Robinhood’s $200 million fundraise this week may be the talk of the FinTech town, but B2B FinTechs saw their fair share of fresh investments, too. The company secured the investment from Ascension Ventures and Fuel Ventures, reports said. In the U.K., Freight broker financing startup Axle announced $27.7 Attabotics.

B2B 61

B2B Restructuring Investments Manufacturing 61

Fpanda Club

MARCH 28, 2021

That is the reason why many finance and FP&A leaders are taking the steps to transform their functions: restructure processes, upgrade systems and tools, develop teams. Reporting, planning and forecasting exercises are highly manual, require significant efforts and are based on standard general ledger information.

Budgeting 130

Budgeting Forecasting General Ledger Finance 130

PYMNTS

JANUARY 18, 2017

General Mills is investing in kale to sprout growth , Mattel tapped a Google executive for its new CEO and handbag companies like Fendi are leaning on a pompom add-on to spur sales. Revlon has joined the list of companies announcing plans for driving global growth.

Planning 40

Planning Restructuring Communication Leverage 40

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. For example, a venture capital group who held all their cash at SVB would not be able to re-invest in their portfolio companies during the receivership.

Restructuring 40

Restructuring Forecasting Communication Banking 40

PYMNTS

FEBRUARY 21, 2020

The company wants to keep restructuring efforts out of court but could end up filing for bankruptcy with a prenegotiated plan in place. Earlier this year , the company announced plans to purchase Habit Restaurants, the casual fast-food chain. The news, reported by Bloomberg on Wednesday (Feb.

Restructuring 120

Restructuring Planning Sales Investments 120

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. “The According to one of the report’s findings, payment plans are key to affordability.

Education 52

Education Healthcare Restructuring Budgeting 52

PYMNTS

DECEMBER 2, 2020

A Paytm spokesman told Reuters that “there has been no discussion with any of our major shareholders ever, nor any plans, about selling their stake.”. The possible Paytm divestment is just the latest setback for Ant Group, which recently saw the abrupt cancellation of its planned initial public offering of stock.

Sales 71

Sales Foreign Exchange Restructuring Planning 71

PYMNTS

MARCH 1, 2019

And Peck said the company made meaningful technology investments for future growth and efficiency. For its namesake Gap brand, Peck said the company has taken “thoughtful and decisive action to radically restructure our fleet” to address underperforming stores or those that don’t represent the best of the brand. NewCo and Old Navy.

Retail 46

Retail Planning Restructuring Forecasting 46

Future CFO

NOVEMBER 9, 2023

With this in mind, financial leaders must take into consideration the current market and organisational trends across various industries to maximise their financial planning and analyses, thereby benefiting the company as a whole. Customer requirements also affect the medtech industry’s response to ESG concerns.

Restructuring 52

Restructuring Healthcare Manufacturing Compliance 52

PYMNTS

JANUARY 16, 2020

China’s Ant Financial is in discussions with banks to resurrect plans for an initial public offering (IPO) that was shelved over a year ago, the Financial Times reported on Thursday (Jan. In December , Ant Financial named Simon Hu as its chief executive officer as the Alibaba Group restructured.

Restructuring 52

Restructuring eCommerce Investments Planning 52

VCFO

JULY 12, 2022

Build, Update, and Monitor a Solid Cash Plan. Developing a regularly updated, accurate cash flow plan is arguably the first thing to have in hand. Some businesses will jump to expectations of having to right-size or restructure the business, generally reducing labor expense. Review Processes and Technology Investments.

Benchmarking 81

Benchmarking Restructuring Economics Technology 81

PYMNTS

JUNE 1, 2020

Bankruptcy Court for the Eastern District of Virginia for its “planned wind-down of operations.” Pier 1 plans to sell its leftover assets, including its online shopping business and intellectual property, following the bidding procedures set forth in February of this year. said it has received the green light from the U.S.

Restructuring 52

Restructuring CFO Retail Sales 52