Mon.Jul 22, 2024

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PulteGroup promotes insider to fill retiring CFO’s seat

CFO Dive

Jim Ossowski will take the home builder’s finance reins in 2025 as Pulte looks to build on its record first-quarter home sale revenues.

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FDI Tumbled Across Asia In 2023, UN Reports

Global Finance

A sizable decline in foreign direct investment (FDI) in China and a notable decrease in M&A sales across developing Asia contributed to an 8% fall in FDI to $621 billion across the region in 2023, according to data from the United Nations Conference on Trade and Development (UNCTAD). Nowhere was the drop steeper than in South Asia, where a 37% fall to $36 billion was reported.

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Trending Sources

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Reducing T&E policy violations: 3 steps

CFO Dive

Violations of travel and expense (T&E) policies are a drain on company funds.

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Healthcare CFOs turn to more comprehensive approaches to boost profitability

Future CFO

A Deloitte research showed that health care finance leaders are looking beyond cost reduction to stabilise and grow operating margins. Amid the struggle of the health care industry with profitability for the past decade, which intensified since the start of the COVID-19 pandemic, organisations' efforts have been hindered to achieve their mission of delivering innovative, high-quality, equitable, and affordable care.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Visa, Mastercard say CrowdStrike didn’t impact networks

CFO Dive

Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.

Banking 130

More Trending

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From the top line to bottom line to green line: The multifaceted impact of sustainability

CFO Dive

Sustainability is now a crucial guiding principle for businesses globally.

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Evolving From Dysfunctional Team To Advisory Dream Team To Improve Retention And Attract Better-Fit Clients

Nerd's Eye View

Although many advisory firms start out with a single person handling all the work of advising clients, bringing in new business, and managing operations and compliance, there's a limit to how many hours any one person can work, which also means that there's a cap on the amount of client growth a solo advisor can achieve before running up against their capacity limit.

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Firms favored reorganizations over liquidations in H1: S&P

CFO Dive

The jump in companies choosing Chapter 11 could signal rising corporate optimism about reorganization prospects that is partly driven by anticipated rate cuts.

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1,019: The Rewards of Making an Early Exit | Josh Schenker, CFO, Aditude, Inc.

CFO Thought Leader

Josh Schenker may well be the only CFO we’ve interviewed who claims to have dropped out of high school—which he actually did, sort of. In order to accelerate his academic ascendance, Schenker passed the General Educational Development (GED) test, which in turn allowed him to enroll at college ahead of schedule. “I never received a diploma from my high school, so, technically, I am a dropout,” explains Schenker, who logged many hours during his high school years at his father

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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Capital allocation: techniques for maximizing financial returns

Cube Software

What is capital allocation? Capital allocation is the process of distributing a company’s financial resources among various projects, departments, or investments. This involves choosing where to spend money to achieve the best returns and support the company’s strategic goals.

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CIBC Mellon – World’s Best Sub-custodian Bank 2024

Global Finance

Mal Cullen, Chief Executive Officer, CIBC Mellon Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Consumer Bank, the 2024 World’s Best Consumer Bank is Standard Chartered. “CIBC Mellon continues to lead the sub-custody sector with its outstanding post-trade capabilities, deep resources and advanced technology.

Banking 52
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1,018: From Complexity to Clarity: Simplifying Business Segments for Investor Insight | Shelagh Glaser, CFO, Synopsys

CFO Thought Leader

When asked to share a single career chapter that has influenced her strategic mind-set as a finance leader, Synopsys CFO Shelagh Glaser knew exactly what to cite. She described a period that had unfolded during her 29 years at Intel Corp., when—seemingly overnight—consumer appetite for tablets had begun to upend Intel’s enduring PC chips business.

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UBA – World’s Best Frontier Markets Bank 2024

Global Finance

Oliver Alawuba, Group Managing Director and CEO, UBA Bank Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Frontier Market Bank, the 2024 World’s Best Frontier Market Bank is UBA. “United Bank for Africa continued to deliver on its dedication to serving domestic and international businesses while providing financial inclusivity during 2023’s slowing economic growth.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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How does a CFO Help in a Business Valuation?

CFO Selections

A business valuation is a critical component of securing a company’s future. Whether it’s done as part of a business sale, merger agreement, litigation proceedings, investment negotiation, succession planning, estate planning, or in compliance with financial regulations, a company valuation gives all included parties reliable information about a business’s financial worth and risk level to aid in strategic decision-making.

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QNB – World’s Best Emerging Markets Bank 2024

Global Finance

Abdulla Mubarak al-Khalifa, Group Chief Executive Officer, QNB Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Emerging Markets Bank, the 2024 World’s Best Emerging Markets Bank is QNB. “QNB’s twin strategies of focusing on its core wholesale banking business and constantly improving its approach to risk management has led to significant growth in its domestic market and the Middle Easter

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Finance Minister to present Budget today, CFOs call for strong compliance reforms, capital gains tax relief, and capex push

CFO News

In the first full budget of the third term of the Narendra Modi government, the Prime Minister asserted that this budget will lay the foundation of 'Viksit Bharat'.

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Standard Chartered – World’s Best Consumer Bank 2024

Global Finance

Judy Hsu, CEO, Wealth and Retail Banking, Standard Chartered Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Consumer Bank, the 2024 World’s Best Consumer Bank is Standard Chartered. “Standard Chartered’s investments in digital channels and improved client experience have paid off for the bank and the consumer via dramatic increases in net profits and in broader product portfolio.

Banking 52
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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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Economic Survey 2024: Indian economy poised for 6.5-7% growth in FY25, addresses employment, inflation, and inequality challenges

CFO News

Economic Survey 2024 forecasts a robust 6.5-7 per cent growth in FY25, highlighting strong post-Covid recovery and stable economic footing despite global challenges.

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BBVA – World’s Best Corporate Bank 2024

Global Finance

Javier Rodríguez Soler, Global Head of Sustainability and Corporate & Investment Banking (CIB), BBVA Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , including its honouree for the World’s Best Corporate Bank, the 2024 World’s Best Corporate Bank is BBVA. “With a 50% growth rate for its international corporate banking business, BBVA’s focus on digitalization, innovation, and sustainability has delivered significant returns for

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FM maintains India's FY25 capex outlay at Rs 11.11 lakh crore

CFO News

India's Capital Expenditure: The government plans to allocate 3.4 percent of the Union Budget to capex, an increase from 3.2 percent the previous year.

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How CFOs can help meet corporate ESG goals

Future CFO

ESG objectives are reshaping corporate priorities, as investors and regulators demand comprehensive climate change disclosures. Regulations, such as the EU's Corporate Sustainability Reporting Directive now require companies to report extensively, including Scope 3 emissions and business travel impacts. CFOs play a pivotal role in ESG reporting , setting strategic goals, ensuring compliance, and transparently addressing climate change in financial statements.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Union Budget 2024: FM Nirmala Sitharaman's Budget Highlights that Matter for India Inc

CFO News

Here are the major developments from Union Budget 2024 that matter the most for India Inc and the CFO community. Finance Minister Nirmala Sitharaman presents her seventh union budget.

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Transcript: Gregory Peters, Co-CIO of PGIM Fixed Income

Barry Ritholtz

The transcript from this week’s, MiB: Gregory Peters, Co-CIO of PGIM Fixed Income , is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts , Spotify , YouTube , and Bloomberg. All of our earlier podcasts on your favorite pod hosts can be found here. ~~~ 00:00:02 [Speaker Changed] Bloomberg Audio Studios, podcasts, radio News. 00:00:09 [Speaker Changed] This is Masters in business with Barry Ritholtz on Bloomberg Radio. 00:00:16 [Barry Rithol

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CEA on Economic Survey 2024: Reforms at state, district levels need of the hour

CFO News

India's growth remains resilient despite global uncertainties. Economic Survey 2024 highlights key areas for focus such as private capital, green growth, MSME support, agriculture potential, education focus, and state machinery revitalization.

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India to remain fastest growing major economy in 2024-25, says CEA Nageswaran

CFO News

India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V Anantha Nageswaran said in a press conference after the tabling of the Economic Survey in the Parliament on Monday.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.