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When Does a Business Need a CFO?

CFO Selections

A CFO has a deep understanding of your business model and your banking relationships, works with your board of directors, prepares detailed financial and management reports, works with auditors, oversees tax planning, and sets policies around controls and payroll.

CFO 105
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World’s Best Private Banks 2025: US Regional

Global Finance

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
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Big Tech Compliance Tracker: EU Aims To Have Big Tech Share Data With Smaller Competitors; Banks Oppose Potential Big Tech Banking Charters

PYMNTS

Banks Oppose Idea Of Possible Big Tech Banking Charters. House committee started to look at the idea of letting firms like Facebook or Amazon get charters to run as banks. The banking industry, however, is against the idea. “We Last week, a U.S. 25 statement.

Banking 91
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New Tax Planned As eCommerce Soars In Thailand 

PYMNTS

billion) in 2017, according to the latest report from the country’s Electronic Transaction Development Agency , thanks to improvements to mobile banking apps. . Sales via social media in Thailand more than doubled to 334.2 billion baht ($10.92

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Small Business Lobby Denounces GOP Tax Plans

PYMNTS

The tax proposals would also aim to cut the corporate tax rate from 25 percent to 20 percent, though reports in Bloomberg Politics said an unnamed Republican lawmaker noted that tax rate cut would be phased out after 10 years, which, according to the publication, “would limit [the tax plan’s] ability to spur economic growth.”.

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Weekend Reading For Financial Planners (May 13-14)

Nerd's Eye View

Also in industry news this week: Why industry groups representing investment advisers and others have blasted an SEC proposal that would significantly expand its Custody Rule A new study suggests that organic client growth and profit margins are the key factors driving RIA valuations, with the firm’s affiliation model having little to no impact (..)

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The Best Of Weekend Reading 2023: Top 25 Articles You Might Have Missed

Nerd's Eye View

We start with several articles on retirement planning: Data showing where American retirees currently stand, from their average net worth to how they spend each hour of the day How, according to a recent study, delaying Social Security benefits typically leads to greater lifetime wealth than claiming benefits early in order to reduce portfolio withdrawals (..)