CFO Dive

JANUARY 16, 2025

The ex-CFO of the now-defunct bank, which filed for bankruptcy following the FTX collapse, is arguing he had no “personal financial motive” for deceiving investors.

CFO 267

CFO Accounting Banking 267

Global Finance

NOVEMBER 1, 2024

Bank of China (BOC) continues to play a pivotal role in green finance. Through its “BOC Green+” global brand, the bank is offering a range of green financial products. It has implemented a comprehensive ESG risk management policy governing the entire business cycle for corporate banking.

Finance 98

Finance Banking Risk Management Construction 98

Global Finance

NOVEMBER 15, 2024

Kapital Bank has also become increasingly agile in response to what customers want and need. A successful digital journey A clear example is Birbank, Kapital Bank’s mobile banking app which is tailored to the needs of how individuals, SMEs and large corporations want to manage their finances, make payments and transfer money.

Banking 98

Banking Finance Investments Technology 98

The Finance Weekly

DECEMBER 1, 2024

Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

CFO Dive

NOVEMBER 13, 2023

The latest new accounting requirements under development will, at least initially, only apply to financial institutions.

Banking 303

Banking Accounting 303

Global Finance

MARCH 27, 2025

From the establishment of its earliest banks in the mid-19 th century to becoming one of the worlds most advanced financial hubs, Singapore’s banking evolution mirrored the countrys journey from a modest colonial entrept for the trade between Asia, Europe, and then the United States to one of the worlds wealthiest and most developed nations.

Banking 52

Banking Finance Economics Investments 52

CFO Dive

MAY 17, 2024

Cybercriminals utilized AI deepfakes to falsely pose as Arup’s CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.

CFO 320

CFO Accounting Banking 320

Global Finance

NOVEMBER 12, 2024

We’re reimagining the banking experience by investing in a range of cutting-edge customer-facing and backend tools, including our mobile app, voice biometrics, and artificial intelligence (AI) and machine learning (ML) to personalize services.

Banking 52

Banking Compliance Securities Finance 52

CFO Dive

JANUARY 16, 2025

accounting standard setter decided against adding a new project to its priority agenda that would have required banks to disclose more information about CRTs.

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Credit Risk Accounting Standards Accounting Banking 310

Global Finance

MARCH 5, 2025

With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising compliance costs and risks. Scotiabank has officially exited retail banking in Panama, Costa Rica, and Colombia, marking the latest move by a major international lender to scale back in the region.

Banking 52

Banking Compliance Treasury Finance 52

CFO News Room

FEBRUARY 2, 2023

Investing in a guaranteed interest account is a great way to secure your money, as there is very little risk. Guaranteed interest accounts provide reliable, consistent returns and can be used for short-term savings or to supplement other investments in your portfolio. Guaranteed interest accounts offer a stable rate of return.

Accounting 130

Accounting Investments Treasury Securities 130

Global Finance

DECEMBER 6, 2024

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Knight Frank research shows that global UHNWIs rose by 4.2%

Banking 52

Banking Concentration Investments Risk Management 52

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have.

Banking 147

Banking Reconciliations Treasury Securities 147

Global Finance

OCTOBER 31, 2024

A weak economy hasn’t stopped Chinese banks from expanding their balance sheets; once again, they dominate our rankings. China continues to search for antidotes to an ailing economy and the deterioration of its real estate market, and the banking sector continues to expand. The remaining four Indian banks in our ranking averaged 7.5%

Banking 59

Banking Marketing Construction Forecasting 59

Global Finance

MARCH 27, 2025

Global Finance: Can you share the key tenets of your SME strategy and how it aligns with the banks overall vision? Abdullah Al Mejhem: At Boubyan Bank, our SME strategy is built on three key pillars: Customer-Centricity, Digital Innovation, and Financial Empowerment. GF: Boubyan Bank has positioned itself as a one-stop shop for SMEs.

Banking 52

Banking Benchmarking Finance B2B 52

CFO News Room

DECEMBER 10, 2022

What Types of Accounts are Best for Compounding? Banks Savings Accounts. Most savings accounts, money market accounts, and certificates of deposit earn compound interest. You can buy just about any investment through an online broker, including bank products like CDs. Most banks offer CDs.

Investments 130

Investments Accounting Treasury Construction 130

Global Finance

MAY 3, 2023

After disrupting most of the tech and digital world over the past few decades, Apple is now turning to the banking sector. The Cupertino, California-based iPhone maker recently teamed up with Goldman Sachs to launch a high-yield savings account, promising.

Accounting 119

Accounting Banking 119

Global Finance

NOVEMBER 14, 2024

With over 100 active AI applications in production, the bank achieved an explosive 150% increase in AI usage year-over-year. CTBC aims to leverage both GenAI and traditional AI to enhance its personalized banking experience and seamlessly deliver next-gen banking services.

Banking 52

Banking Leverage Risk Management Technology 52

Global Finance

DECEMBER 6, 2024

After a year that can be described as challenging for US regional banks, with the failures of Silicon Valley Bank, First Republic Bank, and Signature Bank early in 2023, profitability growth has returned to many of the sectors banks that survived that dark period. The banks robust fee income, totaling $274.2

Banking 52

Banking Problem Solving Leadership Tax Planning 52

Global Finance

DECEMBER 26, 2024

With a doctorate in accounting and auditing from Frances Universite Paul Verlaine, trilingual in Arabic, French and English, Raouf returned home to teach at Damascus University. According to the World Bank, Syrias economy has shrunk by 85% since its civil war broke out in 2011. Raoufs longer-term challenges are more than daunting.

Finance 119

Finance Auditing Currencies Banking 119

Global Finance

DECEMBER 6, 2024

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Knight Frank research shows that global UHNWIs rose by 4.2%

Banking 52

Banking Concentration Investments Risk Management 52

CFO News

MAY 8, 2023

The J&K Bank’s auditors said its employees availed loans from the bank to purchase the shares, but that was in violation of the Reserve Bank of India’s directions.

Banking 111

Banking Accounting 111

Global Finance

OCTOBER 28, 2024

To tackle the shortage of accountants, KPMG, Deloitte and their colleagues at PricewaterhouseCoopers (PwC) and EY have embraced the development of alternative pathways to CPA licensure. To become a certified public accountant (CPA), candidates would no longer need to present 150 college credit hours.

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Management Consulting CFO Accounting Finance 98

Global Finance

MARCH 26, 2025

Major global banks and financial institutions are increasing their participation in the social bond market, strengthening the role of debt capital in addressing social challenges across the world. The transaction aligns with the banks Sustainability Bond Framework, which applies environmental and social standards across sensitive sectors.

Healthcare 91

Healthcare Education Finance Banking 91

Global Finance

JULY 29, 2024

Nonbanks have eaten into traditional banks’ marketplace. Can the older banks retake lost ground by simply becoming more agile? Once upon a time, banking was simple: Take deposits, use depositors’ money to make loans, and transfer payments between clients and earn a commission. All three pillars are now under assault.

Banking 104

Banking Profit and Loss Financial Systems Technology 104

Global Finance

OCTOBER 11, 2024

Global Finance presents its 31st annual list of best banks worldwide. Banks face an uphill battle as supply chains remain disrupted, regional conflicts continue to build, and the fear of bank failure returns. Industry leadership, advancements in digitalization and corporate citizenship also factored in.

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Banking Foreign Exchange Profit and Loss Finance 111

Global Finance

DECEMBER 9, 2024

bank Deputy CEO Sezgin Lle explains how the Turkish bank, which recently celebrated its centenary, is gearing up for the future of banking. Global Finance: What are banks goals and aspirations for the next century? As we begin our second century, we have a strong vision regarding digital banking.

Banking 52

Banking Finance Investments Accounting 52

CFO News

SEPTEMBER 14, 2023

The revised accounting norms for investment portfolio, which are effective from April 1, 2024, and are in line with the global financial reporting standards, are expected to enhance the quality of banks' financial reporting, as well as improve disclosures, say experts.

Investments 112

Investments Banking Financial Reporting Accounting 112

CFO Dive

AUGUST 28, 2023

A report from the Arnold & Porter law firm warns “accounting for expected credit losses will be a high priority for bank examiners and the staff of the SEC.”

Accounting 246

Accounting Banking 246

Global Finance

NOVEMBER 5, 2024

Islamic finance penetration there is less than 10%, so raising that to just 20% is doubling the current penetration rates – underscoring the considerable potential for Islamic banking there. Twenty years ago, how many banking CEOs were talking about ESG? Communicating with younger generations is key. Why is that?

Finance 116

Finance Communication Economics Investments 116

CFO Dive

OCTOBER 14, 2022

Some 85% of bank chiefs believe the U.S. is headed for recession in the next 12 months, the accounting giant found in its annual CEO outlook. Nearly half see layoffs in the next six months.

Banking 130

Banking Accounting 130

Global Finance

JULY 16, 2024

Throughout its 30-year history, Converse Bank has been a trendsetter in Armenia. This began with it as the first bank since the country became independent to be set up with foreign investment – led by principal shareholder Eduardo Eurnekian, an Argentine-Armenian businessman. Being a pioneer seems to be in Converse Bank’s DNA.

Banking 98

Banking Currencies Leverage Accounting 98

Barry Ritholtz

MARCH 4, 2025

The transcript from this weeks, MiB: Melissa Smith, co-Head of Commercial Banking at JPMorgan , is below. Melissa Smith is co-head of commercial banking for JP Morgan. Previously she was co-head of the bank’s Innovation Economy Group. And just to define that middle market sort of means in, in the commercial banking, right?

Banking 52

Banking Mergers and Acquisitions (M&A) Marketing Manufacturing 52

CFO News

OCTOBER 31, 2023

The removal came in the backdrop of the auditors issuing a qualified opinion on the bank’s FY23 accounts with respect to funds raised via the employee stock purchase scheme 2023 (ESPS).

Banking 138

Banking Accounting 138

Nerd's Eye View

MARCH 5, 2025

Historically, estate planning centered on tangible documentation – wills, account access, and critical information stored in safes or files, with clear instructions for heirs. Digital assets encompass a wide range of online accounts and property, from financial holdings to sentimental items like photographs and digital media libraries.

Planning 68

Planning Accounting Securities Banking 68

CFO News

MAY 26, 2024

High-street banks and stressed asset firms in Mumbai adopted a 'model agreement' for selling loans but couldn't agree on 'indemnity'. Lenders can declare an account 'fraud' post-sale to ARCs.

Sales 96

Sales Banking Finance Accounting 96

CFO Leadership

OCTOBER 10, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

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Accounting Finance Auditing IFRS 95