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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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
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JP Morgan – World’s Best Bank 2024

Global Finance

Jamie Dimon Chairman and Chief Executive Officer JP Morgan Global Finance has announced its selection of global winners for the 26th annual World’s Best Banks , the 2024 World’s Best Bank is JP Morgan. “JP Morgan topped its global competition across numerous business lines through its deep expertise, leading client service, and broad product offerings.

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How Unify Turned Month-End Mayhem Into a Growth Party With Automation!

By ditching paper and manual checklists, UNIFY embraced ART’s cloud-based solution for seamless automation. The robust dashboards, exception reports, and completion date reports allowed the team to easily track progress and resolve bottlenecks. ART’s flexible access for auditors ensured tight deadlines were met effortlessly. With competitive pricing and a rapid setup, ART cut costs and minimized disruptions, enabling UNIFY’s team to concentrate on high-impact tasks.

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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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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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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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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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How to Select the Perfect Payments Partner: 7 Keys for Sustainable Growth

Speaker: Brad Pinneke, VP of Business Development at Payrix and Worldpay for Platforms

Join Brad Pinneke, Vice President of Business Development at Payrix and Worldpay for Platforms for an informational webinar about how to select the ideal payments provider for your platform! This session highlights the 7 key criteria for assessing payments partners and maximizing the value of your investment. From evaluating technology and business development programs to understanding support and compliance, this webinar will equip you with a comprehensive evaluation framework and strategy for

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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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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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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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2024 Annual Trends Survey: Expense Management Insights

Uncover the latest trends in expense management for small and medium-sized businesses. Our 5th Annual Trends Survey reveals that corporate card use is skyrocketing, but expense software isn't keeping up. This mismatch is creating real challenges for finance teams, who now take an average of 14 days to close their books. Travel policies are shifting to accommodate hybrid work, but many companies are struggling with off-tool bookings.

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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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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.

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Unlock The Power Of The CFO Toolkit

Speaker: Duke Heninger

With the rise of fractional finance roles, many CFOs, FP&A professionals, controllers, and accountants are stepping into independent consulting. The expansion of fractional services presents new opportunities for finance professionals, but many face challenges in navigating this transition, finding it daunting. Whether you’re new to fractional work or refining your approach, this webinar will equip you with a repeatable system for success.

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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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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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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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How Top CFOs Solve Annual Planning’s Biggest Challenges

Gearing up for 2025 annual planning? Our latest eBook from the Operators Guild is your ultimate guide. Discover real-world solutions and best practices shared by top CFOs, drawn directly from discussions within OG’s vibrant online community. Learn from senior executives at high-growth tech startups as they outline financial planning strategies, align CEO and board goals, and coordinate budgets across departments.

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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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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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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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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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Pricing for Profit: How to Set, Negotiate, and Succeed

Speaker: Igli Laci, Strategic Finance Leader

In today’s competitive market, pricing is more than just a number — it’s the cornerstone of profitability. The right pricing strategy ensures that you capture the true value of your offering, paving the way for sustainable growth and long-term success. Join Igli Laci, Strategic Finance Leader, in this exclusive session where he will explore how a well-crafted pricing approach balances customer perception with business objectives, creating a powerful tool for securing both competitive advantage a