Global Finance

DECEMBER 27, 2024

Tanzanias socioeconomic transformation drives economic dominance by attracting substantial investments and dominating intraregional trade. The East African nation has opted to go on quietly pursuing economic supremacy. The momentum persists, with growth forecast at 5.4% Outsiders, however, are taking note. Tanzania office.

Foreign Exchange 144

Foreign Exchange Investments Economics Currencies 144

Musings on Markets

JANUARY 28, 2025

It was an interesting year for interest rates in the United States, one in which we got more evidence on the limited power that central banks have to alter the trajectory of market interest rates. We started 2024 with the consensus wisdom that rates would drop during the year, driven by expectations of rate cuts from the Fed.

Banking 69

Banking Treasury Forecasting Economics 69

Global Finance

DECEMBER 26, 2024

DBS , a double award winner as Most Innovative Bank for FX as well as for Best AI/Machine Learning FX Tool, first deployed an AI and machine learning hyper-personalization tool across its treasury and markets businesses. Morgans global FX platform, reducing FX settlement risk and accelerating trade settlements.

Foreign Exchange 96

Foreign Exchange Banking Currencies Treasury 96

Simply Treasury

SEPTEMBER 9, 2020

“If you have to forecast, forecast often” (Edgar R. Need for reliable forecasts. Nobody could deny the importance of having accurate and reliable Cash-Flow Forecasts (CFF). Managing cash is easier than forecasting cash. Managing cash is easier than forecasting cash. So, what are the keys to good forecasting?

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

Future CFO

APRIL 19, 2022

The World Bank said recently that it has slashed lowered its annual global growth forecast for 2022 from 4.1% The largest single factor behind the economic slowdown was a projected economic contraction of 4.1% across Europe and Central Asia, World Bank noted. The post World Bank lowers global growth forecast to 3.2%

Forecasting 98

Forecasting Banking Economics 98

Future CFO

SEPTEMBER 7, 2023

Atradius has recently upgraded its global GDP growth forecast for 2023 to 2.4%, which is a slowdown from 2022 but a significant improvement on earlier predictions. In addition, the firm posted a global GDP growth forecast of 2.0% Emerging market economies (EMEs) will fare better, with forecast growth of 3.9% for 2024. “We

Forecasting 97

Forecasting Economics Numbers Banking 97

Global Finance

DECEMBER 26, 2024

Chinas banks are pumping fresh funds into stalled housing projects and cutting rates on existing mortgages. Banks are paying a pretty price for their efforts. Analysts predict real estate financing initiatives to yield uneven results across the banking sector. In some cities, banks have cut rates for first-time homeowners.

Banking 52

Banking Marketing Profit and Loss Forecasting 52

PYMNTS

JULY 30, 2020

Figures out Thursday from the Bureau of Economic Analysis showed that the U.S. The spectacular crash was brought on by widespread stay-at-home orders forcing businesses to close their doors and economic activity to all but grind to a halt. That reversed an 11-year expansion, the longest period of economic growth in U.S.

Economics 114

Economics Numbers Forecasting Accounting 114

Nerd's Eye View

APRIL 3, 2024

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

Economics 97

Economics Marketing Valuation Profit and Loss 97

Future CFO

MAY 31, 2022

Global growth forecasts for 2022 and 2023 are lower as Russia's invasion of Ukraine and pandemic lockdowns in China add to supply shocks and stoke inflation, said Moody’s recently. in 2022 and emerging market countries will grow 3.8%, down from March forecasts of 3.2% Advanced economies will expand 2.6%

Forecasting 96

Forecasting Economics Banking Marketing 96

Global Finance

OCTOBER 29, 2024

Abu Dhabi Development Holding Company (ADQ) has agreed to acquire a 96% stake in Bank Audi’s loss-making Turkish subsidiary, Odeabank, as the United Arab Emirates deepens economic relations with Turkey. Lebanon’s Bank Audi is the largest Odeabank shareholder, with a 76.4% But ADQ’s banking foray may not be without issues.

Profit and Loss 64

Profit and Loss Foreign Exchange Banking Forecasting 64

Barry Ritholtz

OCTOBER 24, 2024

At least if you do forecasts for market returns over the next decade (lol), you may see incredible similarities. In other words, if you were forecasting 10-year returns of 3% annually, you are also forecasting an economic shitstorm of rare and historic proportions. If you are a strategist at Goldman Sachs , then a lot.

Forecasting 130

Forecasting Economics Treasury Technology 130

Global Finance

OCTOBER 30, 2024

COP29 follows a spell of good economic news for Azerbaijan. year-on-year in the first half, leading forecasters to raise their full-year projections. The multinational development banks are encouraging the shift. The European Bank for Reconstruction and Development has allocated €3.7 Growth increased by 4.3%

Investments 105

Investments Transportation Finance Economics 105

PYMNTS

JANUARY 21, 2021

New jobless claims dipped to 900,000, down 26,000 from the previous week’s revised level and below economists’ forecasts of 925,000, according to the weekly report released Thursday (Jan. economist for Deutsche Bank, wrote in a note, per Yahoo. 21) by the Bureau of Labor Statistics (BLS). . million, a decrease of 2.4

Forecasting 87

Forecasting Economics Numbers Banking 87

CFO News

APRIL 4, 2023

The finance ministry's Economic Survey has projected economic growth to be 6.5% in the 2023-24 fiscal beginning April 2023, while the RBI has projected India's economic growth to slow down to 6.4% in FY24 from 7% in the previous fiscal.

Forecasting 98

Forecasting Economics Banking Finance 98

PYMNTS

MAY 20, 2020

Coca-Cola CEO James Quincey said he is not anticipating a fast economic rebound now that the world is reopening for business. The Federal Reserve Bank of Atlanta is forecasting that the national GDP will drop by nearly 43 percent in the second quarter — the worst since World War II.

Economics 91

Economics Entertainment Budgeting Forecasting 91

Nerd's Eye View

JANUARY 3, 2024

The sentiment is especially poignant when it comes to economic forecasting, as it's nearly impossible to get an accurate picture of the current state of the economy at any given moment. The key point is that, given the current economic uncertainty, there are several ways that advisors can help clients prepare for potential downturns.

Economics 98

Economics Marketing Forecasting Valuation 98

Future CFO

JANUARY 30, 2022

The IMF revised recently its 2022 global economic growth forecast to 4.4% global economic growth for 2023, up from the prior projection while cumulative expansion for the two years will still be 0.3 percentage point less than previously forecast. percentage point less than previously forecast. That followed a 3.1%

Forecasting 52

Forecasting Economics Banking 52

PYMNTS

OCTOBER 8, 2020

In today’s top news in digital-first banking, Revolut is rolling out a new feature to encourage youth to stash cash, while the Bank of Korea has indicated that it plans to start testing distribution of its digital currency next year. Bank Of Korea To Begin Testing Distribution Of Digital Currency. Wells Fargo & Co.

Banking 98

Banking Currencies Economics Forecasting 98

CFO News Room

JANUARY 2, 2023

In the latest Summary of Economic Projections , the median FOMC member projects 3.1 Forecasting Prices from FOMC Member Projections. Forecasts from projections made since December 2020 are presented alongside the actual PCEPI series in Figure 2. Forecast of Price Level from FOMC Member Projections. percent in September.

Economics 130

Economics Forecasting Finance Currencies 130

PYMNTS

JANUARY 21, 2021

The European Central Bank (ECB) held this year’s first monetary policy meeting, and said in a statement on Thursday (Jan. The central bank’s governing council said that Eurozone interest rates will stay at record lows, as would other policies instituted during the pandemic.

Banking 90

Banking Forecasting Economics Finance 90

Barry Ritholtz

SEPTEMBER 29, 2023

In the past four quarters, economic forecasters have, on average, predicted a 42% probability of a contraction in the U.S. economy in the next quarter, according to the Survey of Professional Forecasters (SPF) conducted by the Federal Reserve Bank of Philadelphia. ” Why? .” ” Why?

Forecasting 119

Forecasting Economics Banking 119

CFO News Room

DECEMBER 24, 2022

Economists have been forecasting a recession for months now, and most see it starting early next year. Ironically, the Fed is slowing the economy, after it came to the rescue in the last two economic downturns. It forecasts additional rate hikes, up to about 5.1% “You have to blow the dust off your economics textbook.

Forecasting 130

Forecasting Economics Marketing Banking 130

PYMNTS

JULY 5, 2019

The same principal holds true when it comes to forecasting cash flow. The traditional task of cash flow forecasting supplemented by machine learning and artificial intelligence, “can provide users with more accurate visibility into future cash liquidity positions and suggested actions to take based on those predictions,” she said.

Cash Flow Forecasting 71

Cash Flow Forecasting Forecasting Invoicing Cash Management 71

Global Finance

SEPTEMBER 4, 2024

Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In this interview, Campos Neto shares his insights on the global economy, Brazil’s economic outlook, the resilience of Latin American economies, and the importance of central bank independence.

Banking 105

Banking Economics Currencies Finance 105

Global Finance

OCTOBER 21, 2024

Following growth in cross-border payments, Bank of America on Sunday introduced Guaranteed FX Rates of up to one year, the longest tenor available in the industry. Securing guaranteed FX rates of longer tenors can help them improve forecasting, which will lead to better informed decision-making.”

Cash Flow Forecasting 111

Cash Flow Forecasting Treasury Cash Management Forecasting 111

CFO Talks

NOVEMBER 29, 2024

How do you balance achieving strong financial results while also supporting economic development and promoting sustainable growth through corporate social responsibility? At Gas de Cameroon, our mission is to unlock Cameroon’s economic potential through cost-effective, clean, and efficient gas products. million annually.

Finance 98

Finance Profit and Loss CFO Leadership 98

CSC Advisors

APRIL 10, 2025

While banks may have stricter requirements, non-bank lenders can employ more flexible credit evaluation methods. Lenders want regular deposits, a stable bank account balance, and no overdraft patterns. Businesses that can demonstrate stable earningseven during economic fluctuationsoffer lenders the reassurance they need.

Forecasting 52

Forecasting Prioritization Planning Securities 52

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. in 2022, according to the International Monetary Fund’s July World Economic Outlook 2024.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

CFO News Room

NOVEMBER 17, 2022

The bank said shares are trading at a premium and investors can find better value in its cruise peers. It also raised its earnings forecast for the year but left its revenue guidance unchanged. . It also raised its earnings forecast for the year but left its revenue guidance unchanged. . Cisco Systems – Cisco added 4.6%

Forecasting 130

Forecasting Retail Economics Banking 130

PYMNTS

DECEMBER 23, 2020

Certain banks catering to small businesses will also continue to receive government support in the wake of a massive shutdown earlier this year due to the COVID-19 pandemic. The Asian economic powerhouse is expected to be followed by South Korea at 1.6 percent against a forecast of 5.1 percent), Russia (0.2 percent).

Economics 69

Economics Forecasting Retail Sales 69

PYMNTS

OCTOBER 16, 2020

In today’s top news in digital-first banking, Mizuho Bank, JCB and Fujitsu will pilot a blockchain-based identification system, while BBVA participated in an instant payments experimental effort in the U.K. Japan's Fujitsu, JCB, Mizuho Bank Test Blockchain-Based ID System.

Banking 85

Banking CFO Forecasting Economics 85

Musings on Markets

APRIL 7, 2025

The crisis cycle starts with a trigger event, which can be economic, political or financial, though there are often smaller events ahead of is occurrence that point to its coming. It has the potential to change the global economic order, and a market reaction is merited. The Tariff Crisis?

Marketing 98

Marketing Treasury Economics Investments 98

PYMNTS

NOVEMBER 16, 2020

The second-biggest banking deal in the U.S. The new combined bank will be the fifth-largest retail bank in the country. US Economic Forecasts Grim Amid Escalating COVID-19. Fears of economic freefall are mounting as the U.S. since the Great Recession is moving forward for $11.6

Forecasting 57

Forecasting Economics Education Accounting 57

CFO News

JULY 18, 2023

Asian Development Bank has left the forecast for India's economic growth unchanged at 6.4% for this and the next fiscals, while it eyes inflation to ease. "Asia "Asia and the Pacific continues to recover from the pandemic at a steady pace," ADB Chief Economist Albert Park said.

Forecasting 52

Forecasting Banking Economics 52

Future CFO

JULY 17, 2023

A recent survey report from PwC and GTreasury, Treasurers: The First Line of Defense for Economic Disruption , offers the most current insight into how treasury teams and the office of the CFO are approaching volatility. This is why nearly half of the surveyed treasurers describe cash forecasting as somewhat or extremely difficult.

Treasury 98

Treasury Forecasting Cash Management Concentration 98

CFO News Room

FEBRUARY 6, 2022

The minister said the government, along with the central bank, is monitoring global liquidity tightening and the spike in inflationary pressure in key economies. The minister said the government, along with the central bank, is monitoring global liquidity tightening and the spike in inflationary pressure in key economies.

Economics 130

Economics Budgeting Forecasting Investments 130