CFO Share

JUNE 6, 2024

This involves monitoring market risks, managing credit exposures, maintaining adequate liquidity, and implementing robust internal controls to prevent financial losses and ensure financial stability. Some common market risks include: Interest rate risk Foreign exchange risk Raw materials cost risk (copper, steel, etc.)

Risk Management 105

Risk Management CFO Foreign Exchange Credit Risk 105

PYMNTS

DECEMBER 13, 2018

Foreign exchange (FX) volatility can be detrimental to businesses with heavy reliance on cross-border operations. He added that corporates should instead tackle their FX risk mitigation in more manageable — and more regular — occurrences to prevent “buyers’ remorse” and protect themselves against financial losses.

Foreign Exchange 62

Foreign Exchange Currencies Profit and Loss Finance 62

PYMNTS

FEBRUARY 19, 2020

MUFG posted a quarterly loss this month for the first time in 10 years, and it was forced to chop annual profit forecasts after dealing with a large charge on the Indonesian bank acquisition. billion) over allegations that they worked together to manipulate the foreign exchange market. billion euros ($1.16

Investments 61

Investments Profit and Loss Foreign Exchange Forecasting 61

PYMNTS

MARCH 26, 2019

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. What all of these challenges mean is that even when an organization decides to implement a foreign exchange management strategy, unexpected problems can still arise.

Foreign Exchange 69

Foreign Exchange Currencies Cash Management Profit and Loss 69

PYMNTS

MARCH 3, 2020

For the fiscal year ending September 2019, Sage reported revenue of £53 million and an operating profit of £2 million. In FY2018, revenue was £54 million and the operating profit was £2 million. million loss last year. As Sage shifts its focus to the cloud, it is moving away from payroll , and has divested its U.S. posted a $1.28

Profit and Loss 52

Profit and Loss Foreign Exchange Accounting Startups 52

PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013. Vullo in a press release.

Profit and Loss 51

Profit and Loss Foreign Exchange Compliance Auditing 51

PYMNTS

JUNE 27, 2018

Exposure to the risks of endless shifts of foreign exchange (FX) rates keeps executives on their toes: Deloitte recently found FX volatility to be the most common concern among surveyed corporate treasurers. However, foreign exchange risk mitigation goes beyond hedging, said Mark Frey, COO at Cambridge Global Payments.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

PYMNTS

APRIL 6, 2016

When B2B payments firm Saxo Payments released a new whitepaper outlining the troubles of cross-border payments for corporates, the company was gearing up for its latest release: a real-time foreign exchange trading platform, integrated into its Banking Circle portal.

Foreign Exchange 40

Foreign Exchange Profit and Loss Currencies Treasury 40

PYMNTS

NOVEMBER 5, 2019

MoneyGram said its “leading-brand, competitive foreign exchange rates and industry-leading anti-fraud and compliance processes will help drive the future success of the marketplace.”. MoneyGram said it is difficult to predict how the new marketplace will affect volumes and profit margins. On Friday (Nov. On Friday (Nov.

Foreign Exchange 40

Foreign Exchange Profit and Loss Compliance Sales 40

Global Finance

JULY 29, 2024

Another year, another bumper crop of profits. In the first quarter of this year, the combined profits of 57 listed banks jumped 10.5% In the first quarter of this year, the combined profits of 57 listed banks jumped 10.5% surge in quarter-on-quarter profits. Quarterly performance was similarly robust, with an 11.8%

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Banking Profit and Loss Foreign Exchange 59

PYMNTS

AUGUST 29, 2018

As Bloomberg put it, the “decline followed weak retail sales data earlier in the week and brings the Swedish currency’s losses this year to more than 8 percent against the euro.” Such lows were last seen in 2009. Rate Decision. The country’s central bank is scheduled to make a decision about interest rates on Sept.

Currencies 46

Currencies Foreign Exchange Profit and Loss Banking 46

Barry Ritholtz

AUGUST 16, 2022

And so, you know, it was relatively, I wouldn’t say straightforward because I don’t think generating consistent profits has ever been something that’s so straightforward or so easy. And it’s always going to expect to lose some of those profits when the trend reverses, but still end up capturing the meat of the trend.

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Marketing 122

PYMNTS

APRIL 24, 2018

While the small business customers of FairFX propelled the company to post its first-ever profit, corporate customers of Opus and UBS reported more muted figures on dampened corporate lending amid higher market volatility. Most notably, the company posted its first-ever profit, landing more than $319,000 in pretax profit compared to a $1.95

Profit and Loss 40

Profit and Loss Foreign Exchange Corporate Finance Banking 40

Global Finance

MAY 8, 2024

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 of E.Sun’s overall profit.

Banking 52

Banking Profit and Loss Construction Retail 52

Creative CFP

OCTOBER 2, 2020

When you pay the foreign supplier or receive money from a foreign client, Xero calculates the foreign exchange profit and loss and posts the journals automatically. There is an automatic link to XE.com , so multi-currency transactions are converted automatically to your reporting currency.

Accounting 52

Accounting Finance Cash Flow Forecasting General Ledger 52

VCFO

DECEMBER 10, 2021

What does that do to your profitability? Many companies run with less than a 10% profit to start with. A “relative devaluation” occurs when the foreign exchange value of one currency drops against the exchange value of other currencies. You can do your own math on what this will mean to you.

Currencies 55

Currencies Profit and Loss Foreign Exchange Math 55

Barry Ritholtz

JUNE 27, 2023

And at that point, foreign exchange and futures and derivatives were just starting. ” RITHOLTZ: So people also should realize, for those of you who’ve never traded futures, it’s not like options where essentially you could put up your losses in advance and all they could do is go to zero.

Math 59

Math Risk Management Profit and Loss Marketing 59

Global Finance

OCTOBER 10, 2024

The Jordanian banking system remains strong, profitable and resilient to external shocks. Banks, the backbone of Kuwait’s non-oil economy, remain profitable, well-capitalized, and are armed with strong liquidity buffers. The top priority is how to distribute the losses. IMF has lauded the easing as appropriate.

Benchmarking 75

Benchmarking Economics Currencies Banking 75

Musings on Markets

OCTOBER 25, 2022

and which ones to include (cash acquisitions, foreign exchange gains or losses etc.) That can explain why a firm with moderate or even below-average profitability can use debt to fund large dividends and buybacks, and to the extent that the firm is borrowing too much, it can dig a hole for itself.

Valuation 107

Valuation Profit and Loss Forecasting Investments 107

CFO News Room

JANUARY 8, 2023

and which ones to include (cash acquisitions, foreign exchange gains or losses etc.). That can explain why a firm with moderate or even below-average profitability can use debt to fund large dividends and buybacks, and to the extent that the firm is borrowing too much, it can dig a hole for itself.

Valuation 130

Valuation Profit and Loss Forecasting Investments 130

Barry Ritholtz

FEBRUARY 20, 2024

But, but, you know, we, I focused mostly on fixed income and foreign exchange. 00:07:47 [Speaker Changed] So, so after, you know, more than 20 years at Goldman, you joined the New York Fed in 2007, overseeing domestic and foreign exchange trading operations, 2007, that, that’s some timing.

Treasury 59

Treasury Marketing Banking Economics 59