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The Finance Leader’s Playbook: Insights from the Journey

Future CFO

Wong admits that he has always enjoyed pushing boundaries and setting new benchmarks for himself and his team. Also, the rising prominence of digital currencies and Blockchains will require finance leaders to reassess business models, financial systems, and transaction processes in a rapidly changing environment.”

Finance 98
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Central Banker Report Cards 2024: Asia-Pacific

Global Finance

Mansur announced plans to hike the benchmark rate by 50 basis points to 9%, and stated that rates would hit 10% within the coming months. Bangladesh has suffered years of financial system dysfunctionality. In September, the PBoC cut its benchmark seven-day interest rate by 20 basis points to 1.5% per greenback.

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Ex Fed Head Says Recession Will Be Short, Recovery Quick

PYMNTS

Bernanke helmed the Fed when it was going through the financial crisis of 2008, and the subsequent recession that followed. He was the first chairman to bring the benchmark interest rate to almost zero, and he implemented other measures that have since been copied by successors. He is also a known authority on the Great Depression.

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Final countdown for Libor has begun

Future CFO

The decision follows a consultation in Dec 2020 led by ICE Benchmark Administration, which compiles and oversees the daily rate. Hong Kong is also developing an alternative rate. In Hong Kong, the Hong Kong Interbank Offered Rate (Hibor) has been in use for many years, widely recognised by market participants.

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Elevating CFO Roles: Dr. Christian Ayiku Discusses Strategic Adaptations in a Digital World

CFO Talks

Understand and Adapt to Customer Payment Preferences One of the critical roles of a modern CFO is to ensure that the company’s financial systems are aligned with customer preferences. Key Takeaway: CFOs should develop strategic plans for the integration of digital currencies into their financial systems.

CFO 52
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Blockchain Tracker: How Blockchain Tech Is Evolving Financial Services

PYMNTS

In a recent study professional services company Accenture did with benchmark provider McLagan on the blockchain technology’s operational impact on businesses, it was found that there was quite a large amount of savings that could be reached for financial institutions.

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Transcript: Christine Phillpotts, Ariel Investments

Barry Ritholtz

But when you look at emerging markets and when you look at value, the opportunity for alpha is much, much greater than it is in traditional large cap growth stocks in the US And a lot of managers in that space actually beat their benchmark. And so as the global financial markets were in a tailspin, they were actually very resilient.