CS Lucas

MARCH 23, 2023

Restructuring your treasury functions to changes swiftly requires modernization, flexibility and preparation. In current uncertain economic times, cash flow forecasting is becoming an ever more important tool for companies.

Forecasting 52

Forecasting Cash Flow Forecasting Restructuring Treasury 52

CS Lucas

JANUARY 20, 2021

Restructuring your treasury functions to respond to crisis requires modernization, flexibility and preparation. The ongoing pandemic has taught us that future proofing is a key skill set that a Treasurer needs in order to see their company through difficult times.

Forecasting 52

Forecasting Restructuring Treasury 52

PYMNTS

FEBRUARY 21, 2018

According to a report in Reuters , the Treasury Select Committee said that it published the report in its full unredacted form to showcase how RBS’ restructuring unit at the time, Global Restructuring Group (GRG), had no regard for its business customers.

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Restructuring Treasury Banking 40

CFO Simplified

MARCH 7, 2024

We anticipate that the US Department of Treasury will appeal to the US Court of Appeals for the 11th Circuit. He works closely with private equity firms, real estate investors, strategists, and entrepreneurs on tax structuring related to acquisitions, dispositions, reorganizations, restructurings, recapitalizations, and other tax matters.

Tax Planning 59

Tax Planning Compliance Restructuring Treasury 59

CFO Simplified

MARCH 7, 2024

We anticipate that the US Department of Treasury will appeal to the US Court of Appeals for the 11th Circuit. He works closely with private equity firms, real estate investors, strategists, and entrepreneurs on tax structuring related to acquisitions, dispositions, reorganizations, restructurings, recapitalizations, and other tax matters.

Tax Planning 52

Tax Planning Compliance Restructuring Treasury 52

PYMNTS

APRIL 1, 2020

A letter sent to Treasury Secretary Steven Mnuchin, which FT saw, indicated that “regulations effectively prevent the small business portfolio companies owned by venture capital or private equity funds from accessing” the rescue program. That means cutting costs aggressively, and restructuring.”.

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Restructuring Treasury Investments Economics 52

PYMNTS

SEPTEMBER 9, 2020

And the result would probably encompass a type of restructuring for TikTok in the event a complete sale doesn’t take place, according to an unnamed source in the report. A sale could still happen, according to the sources, while many possibilities remain in existence.

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Sales Restructuring Treasury Securities 60

PYMNTS

OCTOBER 9, 2018

regulators to introduce stricter small business (SMB) lending regulations, claiming that lax regulatory oversight is what allowed RBS to avoid punishment after a watchdog found the financial institution (FI) had unfairly treated small business customers of its Global Restructuring Group (GRG). According to City A.M. reports on Tuesday (Oct.

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Restructuring Treasury Banking Accounting 60

PYMNTS

JUNE 14, 2018

Reports in Reuters on Wednesday (June 13) said the FCA aims to conclude its investigation at the end of July as it probes RBS’ Global Restructuring Group, which is accused of mistreating small businesses and forcing some into bankruptcy. That requirement was placed on the bank by the Treasury and European Commission last year.

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Restructuring Treasury Banking Planning 40

CFO News Room

NOVEMBER 8, 2022

And I said, “Look, you’ve got to look at where we are with valuations, and you have to look at where the 10-year Treasury is at. So, now, help us understand how this evolved and where the challenges had come as this was evolving that got you to the point that you had to do some restructuring to make it this. Is it at 1.5%?”

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Restructuring Planning Accounting Marketing 130

PYMNTS

OCTOBER 29, 2018

Treasury Select Committee criticized big banks’ treatment of small businesses as “ scandalous ” following government investigations — and discovery of — SMB mistreatment at some of the nation’s high-street financial institutions (FIs). Reports in Reuters late last week said the U.K.

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Restructuring Treasury Finance Banking 65

PYMNTS

SEPTEMBER 18, 2017

The decision was met with criticism by some of the companies seeking compensation from the bank, reports said, and is likely to be met with resistance by parliament’s Treasury Select Committee. According to RSC chair Nicky Morgan, those document leaks led to confusion over what happened to SMBs in the Global Restructuring Unit.

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Restructuring Treasury Banking Planning 46

CFO Leadership

JANUARY 25, 2024

The US Treasury yield rate’s descent below 4% has spurred active pursuit of distressed office market opportunities by value-add funds. For companies with leases set to expire within the next two years, lease restructuring emerges as a prudent financial strategy.

Marketing 52

Marketing Budgeting Restructuring Construction 52

PYMNTS

MARCH 30, 2018

One of the largest is RBS , which regulators found to have mistreated small business customers by forcing some into bankruptcy via its Global Restructuring Unit. The launch of the review comes as several high-profile scandals involving small business banking continue to play out.

Banking 66

Banking Restructuring Treasury Finance 66

PYMNTS

APRIL 1, 2020

Rosengren added that the Fed has also been buying Treasury bonds and mortgage-backed securities to lower interest rates on longer-term debts like home loans. Lastly, the central banker said regulators are changing the rules to let lenders restructure loans for individuals or businesses who have temporarily lost income.

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Restructuring Economics Treasury Banking 43

PYMNTS

FEBRUARY 9, 2018

Lewis claimed RBS bosses were not straightforward to policymakers about the breadth of the SMB scandal when questioned by the Treasury select committee earlier this month. Lewis told the House that Sir Howard and McEwan were “deliberately misleading” the Treasury committee.

Treasury 41

Treasury Restructuring Banking B2B 41

PYMNTS

MAY 1, 2019

Data released by the Treasury last November noted that in total, less than $20 million in capital has been provided to SMBs under the scheme. In a statement at the time, Treasury Economic Secretary John Glen described these figures as a success. now, however, thanks to our matchmaking scheme, they have another shot.”

Accounting 59

Accounting Banking Corporate Finance Treasury 59

CFO Leadership

JANUARY 5, 2024

The US Treasury yield rate’s descent below 4% has spurred active pursuit of distressed office market opportunities by value-add funds. For companies with leases set to expire within the next two years, lease restructuring emerges as a prudent financial strategy.

Marketing 52

Marketing Leadership Budgeting Restructuring 52

PYMNTS

AUGUST 1, 2018

The publication said the FCA is not taking action against RBS for its Global Restructuring Group’s mistreatment of small business customers. Treasury Select Committee Chair Nicky Morgan said the FCA’s inaction “demonstrates the need for a change in how lending for SMEs is regulated.”

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Restructuring Treasury Banking B2B 40

PYMNTS

FEBRUARY 5, 2020

Macy’s announced it will be closing 125 department stores through the next three years, 20 percent of its locations, in an attempt to restructure and revitalize. The company will also be closing its tech offices in San Francisco. Breaking Batch (Payments): BNP Paribas On APIs And Making B2B Payments Faster.

Currencies 52

Currencies Banking Restructuring B2B 52

PYMNTS

FEBRUARY 13, 2018

Members of Parliament (MPs) said they would publish the report after some of its contents were leaked, as the House of Commons Treasury Select Committee and the FCA spar over its publication. The FCA wrote to the Treasury Committee last week to set out the next steps we are taking.”.

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Restructuring Treasury Banking B2B 40

PYMNTS

APRIL 2, 2018

As UK Finance begins its own probe, Parliament’s Treasury Select Committee continues an inquiry launched last month following revelations of RBS’ Global Restructuring Group’s mistreatment of small businesses. The Financial Conduct Authority is itself investigating that case.

Banking 49

Banking Restructuring Treasury Finance 49

Future CFO

DECEMBER 8, 2021

Where I work – at the global healthcare network IHH Healthcare – we are embracing automation to create high-value digital workflows as we shift towards a more unified treasury platform. For instance, our subsidiaries previously provided updates on their cash balances via email, and this data was manually tabulated into a summary table.

Numbers 52

Numbers CFO Management Consulting Treasury 52

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.

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Budgeting Forecasting General Ledger Finance 130

CFO Share

AUGUST 22, 2022

The Treasury Department says enforcement will be focused on individuals earning over $400,000 per year but that policy is not written in law, and thus subject to administrative changes. The fastest and easiest agents to hire are data processors and customer service agents, which greatly benefits small businesses.

Auditing 40

Auditing Restructuring Treasury Budgeting 40

PYMNTS

JUNE 14, 2019

The FCA will not fine or sanction RBS’ Global Restructuring Group after government investigations into the unit concluded that it forced some of its small businesses into administration, despite existing for the purpose of helping SMB clients out of financial trouble.

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Restructuring Treasury Banking B2B 40

CFO Leadership

AUGUST 12, 2021

She also led the Treasury Tax initiative at Google. She has extensive public speaking, general finance, capital markets, treasury, and tax experience. He has been part of numerous global and domestic companies with a great deal of restructuring and CFO management experiences.

Leadership 98

Leadership CFO Financial Planning and Analysis (FP&A) Finance 98

PYMNTS

MARCH 5, 2019

rejected the Treasury Select Committee ‘s regulations to introduce stricter small business borrower protections for the banking industry. ” Earlier this year, the U.K.

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Restructuring Treasury Finance Banking 61

PYMNTS

SEPTEMBER 16, 2016

Treasuries prices were mixed. Economists cited expanding health care coverage under President Barack Obama’s s 2010 health care restructuring as a factor and referred to it as a “dark cloud” over the good news that record numbers of people are signing up for health insurance. The core CPI increased 2.3

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Benchmarking Restructuring Forecasting Treasury 65

PYMNTS

MAY 14, 2018

The union that represents the employees has said that if acting head Mick Mulvaney moves to restructure with job cuts, the agency will take action. Reuters reported that in response to the Treasury Committee, the former business owners alleged that the FCA had been “unable to handle” complaints against those large FIs.

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Restructuring Treasury Banking Securities 41

PYMNTS

MARCH 19, 2020

Debenhams, which employs 20,000 people in the country, was already doing balance sheet restructuring prior to the virus pandemic and has said it would have an easier time of things if landlords lowered its bills. Some of the effects already seen included a drop in in-person traffic and the amount of overall visits.

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Restructuring Economics Banking Finance 56

PYMNTS

JUNE 4, 2020

We’re seeing a shift toward not only real-time payments, but also real-time treasury management, real-time forecasting and real-time fraud detection.”. API implementation is also facing the financial obstacle of restructuring core banking systems to introduce technology. Future of APIs .

Securities 60

Securities B2B Compliance Restructuring 60

Future CFO

FEBRUARY 10, 2021

She highlighted some of the challenges facing CFO: workforce disruptions during lockdowns and the pandemic’s impact on business and operations; requiring CFOs to rethink the future of work as the pandemic has reshaped the nature of work, to reimagine/adapt new business model and technology to digitise and restructure business/work processes.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

JUNE 20, 2019

Interchange fees , of course, are a top pain point for B2B suppliers, but not the only one: Vendors, especially smaller suppliers, can struggle to invest in the back-office restructuring required to accept cards from their corporate customers. It’s all about data in the world today.”

B2B 53

B2B Restructuring Treasury Education 53

PYMNTS

APRIL 3, 2018

The restructuring aims to protect taxpayers from having to bail out “too-big-to-fail banks” as they did in the wake of the 2008 global financial crisis. Ring-fencing will support financial stability by making banking groups simpler and easier to ‘resolve,’” explained HM Treasury in a policy paper on ring-fencing published last year.

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Restructuring Banking Treasury Planning 40

PYMNTS

FEBRUARY 9, 2018

Some have speculated that Amazon is planning a serious restructuring plan for Whole Foods stores, which could see whole sections of the stores converted into miniature versions of Amazon’s highly automated warehouses. Regulations for crypto: Price volatility proves a boon for regulation, and this should be little surprise to anyone.

Restructuring 53

Restructuring Treasury Accounting Forecasting 53

Future CFO

DECEMBER 18, 2020

Even if they will decide to provide moratorium or restructuring of their accounts – the question is the same for everyone – can their clients afford to service the payments, either for interest-only or manage the new amortizations? Liquidity is a major issue for the credit markets. It is the lifeblood of the industry.

Marketing 52

Marketing Profit and Loss Finance Credit Risk 52