CFO Leadership

JANUARY 5, 2024

Business planning and analysis Financial planning and analysis, profitability reporting and analysis, strategic planning, and enhanced data analytics (collectively, BP&A) are among the highest-ranked priorities for CFOs and finance teams to address in the coming year.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

PYMNTS

FEBRUARY 14, 2018

After a series of earning performances that left investors disappointed, OnDeck reported a profitable Q4. We believe OnDeck now has the right foundation from which to drive profitable growth and shareholder value.”. Provision for loan losses was $34.4 By the Numbers. percent of term loan originations. percent, down from 16.9

Profit and Loss 40

Profit and Loss Risk Management CFO Forecasting 40

PYMNTS

OCTOBER 1, 2020

Kount , the Boise, Idaho-based Software as a Service (SaaS) platform designed to simplify fraud detection and improve profitability, announced it has partnered with Verifi , the payment protection and management company.

Profit and Loss 73

Profit and Loss Risk Management Communication Leverage 73

PYMNTS

AUGUST 30, 2020

With profits and margins at all-time lows, the U.S. Profits, the report found, were around $18 billion across both the first two quarters this year — a massive downward trend from the near $55 billion from 2019. The biggest banks put away around $33 billion in anticipation of loan losses , including J.P.

Profit and Loss 82

Profit and Loss Banking Numbers Risk Management 82

CFO News Room

FEBRUARY 3, 2022

Since then, the stock price has seen continued losses as food producers faced immense cost pressures from inflation. million suggests that the company is successfully clawing its way to profitability. Penny stocks are volatile and can generate catastrophic losses. BRFS ) failed to transcend its $5.20 Source link.

Profit and Loss 130

Profit and Loss Risk Management Manufacturing Forecasting 130

Finvisage

AUGUST 28, 2022

The market won again, giving investors like George Soros a huge windfall in profits 1. For a corporation with FX exposure, this will impact your balance sheet as well as your Profit and Loss (P&L). The peg broke down because the inflation rate in the UK was many times higher than what it was in Germany.

Profit and Loss 52

Profit and Loss Risk Management Banking Marketing 52

PYMNTS

JULY 28, 2019

The 4-year-old bank uses real-time payments data and a risk-management system that analyzes more than 3,000 variables to allow borrowers to apply for a loan on a smartphone and receive cash almost instantly if approved. We had suffered huge losses in the past with a bad-loan ratio running at 8 percent.

Banking 79

Banking Profit and Loss Construction Risk Management 79

PYMNTS

JANUARY 30, 2019

The investigation found that Standard Chartered’s traders used illegal tactics to maximize profits or minimize losses at the expense of the bank’s customers, or customers at other financial institutions (FIs). The bank also agreed to provide the DFS with ongoing progress reports to prove that it is meeting the objectives.

Foreign Exchange 51

Foreign Exchange Profit and Loss Compliance Auditing 51

PYMNTS

APRIL 6, 2018

The move would mean both units would share profit and loss targets, according to reports. Last month, Wells Fargo announced it would be overhauling its risk management processes and that four of its top risk management executives will be retiring. The announcement followed revelations that the U.S.

Planning 40

Planning Banking Profit and Loss Risk Management 40

Beacon CFO Plus

MAY 19, 2022

Personnel and position mismatches create risk. As the company’s de facto risk-management officer, the CFO is often charged with pointing out these risky mismatches to the management team and advocating for personnel changes. Talent significantly affects profit and loss for your organization.

CFO 52

CFO Profit and Loss Risk Management Investments 52

PYMNTS

JUNE 27, 2018

According to Frey, if an exchange rate shift of more than 10 percent would negatively impact a company’s PNL (profit and loss) or ability to generate revenue, then, regardless of size, that company should deploy an FX risk mitigation strategy. That’s because mitigation against currency volatility isn’t an isolated endeavor.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

The Finance Weekly

NOVEMBER 20, 2023

Allegedly, their AI-driven efforts have saved them from potential fraud losses exceeding a billion dollars. Risk and Expenses Management AI-driven , tools for risk management empower FP&A leaders to evaluate and address risks more efficiently.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Cash Flow Forecasting Forecasting 52

PYMNTS

APRIL 20, 2017

Payments and risk management solutions provider Verifi, which specializes in serving CNP merchants, just recently announced the launch of a new platform that aims to improve efficiency and cut down on unnecessary chargebacks and fraudulent claims.

Profit and Loss 43

Profit and Loss Risk Management Banking Sales 43

PYMNTS

APRIL 6, 2016

“As we are already providing businesses trading internationally with a cost-effective alternative to conventional bank transfers, it makes complete sense to make FX trading and payments an integral part of the platform, giving an even greater opportunity to enhance profits and cut costs.”.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

Future CFO

DECEMBER 18, 2020

There has been increased demand over the loss and alternative risk share structures in the multi debtor space, a trend we expect to see continue beyond the crises. Reality is showing us that profitability is no longer a target, and in the absence of such, how can we be assured of liquidity. The business chain is broken.

Marketing 52

Marketing Profit and Loss Finance Credit Risk 52

PYMNTS

FEBRUARY 28, 2020

The total financial damage from the leak is still being tallied, but the loss of trust experience by Desjardins’ members cannot be easily undone. The breach resulted in more than $5 million in losses, but the damage done to CU members’ trust was incalculable. Problems outside CUs’ control can affect members’ faith in their FIs, too.

Profit and Loss 52

Profit and Loss Securities Benchmarking Nonprofit 52

PYMNTS

MARCH 26, 2019

Failure to plan adequately for cross-border funds transfers between subsidiaries or to suppliers, for instance, may result in money converted at a different exchange rate than was initially accounted for, creating “erratic” profit and loss (P&L) variations that could have been avoided with a proper hedging strategy, explained Descout.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

DECEMBER 13, 2018

He added that corporates should instead tackle their FX risk mitigation in more manageable — and more regular — occurrences to prevent “buyers’ remorse” and protect themselves against financial losses.

Foreign Exchange 62

Foreign Exchange Currencies Profit and Loss Finance 62

Future CFO

SEPTEMBER 14, 2020

Key for CFOs and finance leaders is to demonstrate a connection between sustainability and company value, that there is long-term profit in allocating capital to a business that practices sustainable growth and proactive risk management, employee engagement, retention and corporate reputation.

Accounting 40

Accounting Leadership Finance Profit and Loss 40

Finvisage

JANUARY 2, 2020

Today corporates all around the world extensively engage themselves in Financial Risk Management processes to mitigate their exposure to adverse consequences resulting from threats and uncertainties; TCI is one such process. It does not aim to replace profits lost on the transaction.

Construction 52

Construction Manufacturing Economics Profit and Loss 52

PYMNTS

OCTOBER 31, 2016

Disappointed Amazon investors — who were happy to hear about the profits, but wanted more of them — followed by disappointed Amazon execs who watched their share price take a haircut. Amazon – Sometimes Profit Isn’t Enough. But Amazon is never afraid of a little loss or a few irritable investors.

Profit and Loss 43

Profit and Loss Construction Credit Risk Risk Management 43

PYMNTS

MAY 26, 2016

Now, when a retailer with regional and sometimes even international reach crumbles under the weight of its own lagging financials, the shockwaves it sends across the industry can be enough to throw its competitors – otherwise ecstatic about the loss of a rival – onto unbalanced footings of their own. Bankruptcies. Store Closures.

Profit and Loss 40

Profit and Loss Restructuring Retail Sales 40

PYMNTS

JANUARY 22, 2021

Mastercard ’s Vice President, Global Head of Product for Artificial Intelligence (AI) Express and Credit Risk Amyn Dhala told Karen Webster in a discussion that technology can make that real-time risk management attainable. But AI, he said, can provide a lot more than that in terms of protecting FIs from risk.

Banking 106

Banking Credit Risk Profit and Loss Risk Management 106

PYMNTS

JANUARY 15, 2019

During the fourth quarter, so did profit per share ($1.21 The FI’s Q4 profit was $6.1 Total credit losses were $721 million in fourth quarter 2018, up $41 million from third quarter 2018,” the bank said in its financial report. Our corporate risk management team members grew by approximately 1,300, or 15 percent, in 2018.”.

Profit and Loss 46

Profit and Loss Risk Management Compliance CFO 46

PYMNTS

JANUARY 15, 2019

During the fourth quarter, so did profit per share ($1.21 The financial institution’s Q4 profit was $6.1 Total credit losses were $721 million in fourth quarter 2018, up $41 million from third quarter 2018,” the bank said Tuesday its in financial report. billion, down about 1.6 percent year over year.

Profit and Loss 43

Profit and Loss Risk Management Compliance CFO 43

Barry Ritholtz

OCTOBER 19, 2022

So the harvest losses to offset future gains. RITHOLTZ: That leaves a mark when it comes time to — you add in tax loss harvesting, and just helping with having a financial plan. So as we grow, become more efficient, we get scale, we sort of make a profit. And we take that profit, and we do two things with it.

Investments 109

Investments Profit and Loss Education Advertising 109

Finvisage

FEBRUARY 7, 2021

Derivative contracts make it possible to multiply the impact of the short making it possible to profit from a short position larger than the actual shares borrowed. During the pandemic and lockdowns, with people stuck at home and schools closed, wasn’t a gaming company due to make profit? There are also costs related to shorting.

Profit and Loss 52

Profit and Loss Retail Securities Leverage 52

CFO News Room

NOVEMBER 22, 2022

Michael Kitces is Head of Planning Strategy at Buckingham Strategic Wealth , a turnkey wealth management services provider supporting thousands of independent financial advisors. ” Matthew: It’s very risk management based. In fact, we probably would have been much more profitable. Author: Michael Kitces.

Planning 130

Planning Communication Profit and Loss Education 130

Barry Ritholtz

OCTOBER 17, 2023

And they go on longer and longer and obviously more profitable for the states that run the lottery. And the third, the one that nobody talks about is risk management. Risk management. But it makes a big, big difference to your long-term outcomes if you can just avoid those big losses. It’s a long time.

Investments 52

Investments Valuation Math Numbers 52

PYMNTS

JULY 11, 2017

Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical. In many ways, collaboration with FinTechs has become a key part of risk mitigation for banks, with researchers finding that only 1.4

Finance 43

Finance Invoicing Profit and Loss Credit Risk 43

Barry Ritholtz

SEPTEMBER 12, 2022

BITTERLY MICHELL: … risk management. The next question that you alluded to, which is really interesting about revenue and profits, how solid in inflation hedge are equities? It’s late in the summer in 2022, markets sold off 22, 24 percent, recovered about half of those losses …. RITHOLTZ: Right. BITTERLY MICHELL: Exactly.

Investments 114

Investments Marketing Profit and Loss Banking 114

The Charity CFO

APRIL 15, 2022

I did risk management. Um, and more importantly, we talk about that transition plan for a lot of nonprofits that are dealing with, uh, the loss of their accountants. I, I know what many people probably thinking, oh, we use are for-profit that doesn’t make sense. I did all of the things I did accounting.

Nonprofit 52

Nonprofit Accounting CFO Problem Solving 52

Barry Ritholtz

MARCH 27, 2023

It’s a matter of making better decisions and being more profitable. Even the guy you think of so highly, you know, after three hedge funds open and close, you got to wonder if there’s some risk management issue there. That’s an amazing lesson in life, right, to take failure and losses as business as usual.

Investments 109

Investments Restructuring Profit and Loss Finance 109

Barry Ritholtz

JUNE 27, 2023

BORISH: So one of the geniuses of Paul in really understanding futures markets in general is that most of the innovative risk management approaches came out of the futures markets because of the using margin. RITHOLTZ: Put up your losses in advance. So now what do you do with risk management? BORISH: With pleasure.

Math 56

Math Risk Management Profit and Loss Marketing 56

Barry Ritholtz

AUGUST 16, 2022

If you’re all interested in macro investing, trend following, commodities, currencies, fixed income, various types of quantitative strategies, and most important of all, risk management, you’re going to find this conversation to be absolutely fascinating. With no further ado, my interview of GCM’s Ken Tropin.

Profit and Loss 117

Profit and Loss Foreign Exchange Valuation Investments 117

Barry Ritholtz

MARCH 12, 2024

And so, so we sort of felt pretty stupid for a while because we did a lot of losing trades in 2006 that were the, you know, that obviously didn’t come to fruition until the actual people could see the losses. So in mortgages, the borrower can stop paying maybe a year to two years before the lenders actually book a loss.

Profit and Loss 56

Profit and Loss Investments Marketing Securities 56

Barry Ritholtz

NOVEMBER 7, 2023

He sunk all the profits into Bitcoin, he’s levered up and borrowed money and bought Bitcoin. The profits are very small, but Alameda’s cost of capital was very low since they were borrowing all the customer money. They release their profits every quarter. I mean I think his profits overall are, are high.

Numbers 60

Numbers Profit and Loss Banking Finance 60