Remove Economics Remove Profit and Loss Remove Restructuring
article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

Notably, she reversed a decade-long loss at Coca-Cola, doubled profits, and restructured major funding. How do you balance achieving strong financial results while also supporting economic development and promoting sustainable growth through corporate social responsibility? Elizabeth Burns: That’s a great question, Leana.

Finance 98
article thumbnail

How Interim Leadership Can Prevent Financial Disruptions During Transition

E78 Partners

In today’s fast-paced business environment, leadership transitions are often unavoidable due to unexpected departures, mergers, or restructuring initiatives. Loss of Stakeholder Confidence: Investors and clients may become wary during leadership changes, which can cause fluctuations in stock prices or contract renewals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

HSBC To Eliminate As Many As 300 UK Commercial Banking Jobs

PYMNTS

HSBC will be restructuring its commercial banking business in Britain which will result in 300 job cuts, according to Reuters. The cuts come as part of Europe's largest bank's larger restructuring effort from earlier this year, with HSBC looking to cut costs worldwide as the ability to boost revenues becomes more difficult.

article thumbnail

Wells Fargo Sees Some Credit And Debit Card Gains Amid Generally Bad Q3

PYMNTS

As we look forward, the trajectory of the economic recovery remains unclear as the negative impact of COVID continues and further fiscal stimulus is uncertain,” CEO Charles Scharf told investors on the company’s earnings call. But the silver lining to that figure is that the loan-loss provision is down from $9.5 billion in Q2.

article thumbnail

Return on Equity, Earnings Yield and Market Efficiency: Back to Basics!

Musings on Markets

The first was the response that I received to my last data update , where I looked at the profitability of businesses, and specifically at how a comparison of accounting returns on equity (capital) to costs of equity (capital) can yield a measure of excess returns.

article thumbnail

European Lenders Announce 60K Job Cuts

PYMNTS

European banks have been forced to slash more than 60,000 jobs as they face falling profitability, The Financial Times reported on Saturday (Dec. France, Spain and Switzerland have suffered due to Brexit, slowing economic growth, increasing regulations and the European Central Bank’s negative interest rates.

article thumbnail

Closed Theme Parks Sink Disney Earnings; Q3 Could Be Worse

PYMNTS

The company reported the second-quarter profit of its fiscal year at $460 million, or 26 cents a share, on sales of $18.01 After adjusting for restructuring charges and other effects, Disney reported earnings of 60 cents a share, down from $1.61 billion, up from $14.9 billion in 2019. a share a year ago.