Chief Financial Officer

The Evolution of the CFO Role in the Digital Age

The adoption of digital technologies has reshaped business operations and financial management

1 year ago

IBM cuts 3,900 jobs, misses annual cash target

IBM Corp on Wednesday announced 3,900 layoffs as part of some asset divestments and missed its annual cash target, dampening cheer…

3 years ago

Sony hikes FY profit forecast by 4.5% on foreign exchange boost

Sony Group Corp hiked its full-year operating profit forecast on Tuesday by 4.5% to 1.16 trillion yen ($7.84 billion) as the…

3 years ago

Exclusive: Shell’s CEO van Beurden prepares to step down next year -sources

Shell (SHEL.L) has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after…

3 years ago

BNPL lender Affirm’s shares tumble after gloomy full-year revenue forecast

Shares of Affirm Holdings Inc (AFRM.O) tumble 13% in premarket trading on Friday after the buy-now-pay-later lender's full-year revenue forecast missed Wall…

3 years ago

Canada’s TD, CIBC profits beat estimates; loan growth offsets higher costs, provisions

Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CM.TO) posted better-than-expected third-quarter profits on Thursday, with the former driven by lower provisions for…

3 years ago

Sony trims profit forecast after games business falters

Sony Group Corp (6758.T) trimmed its profit forecast on Friday after a weak first quarter for its PlayStation business, which it blamed…

3 years ago

Bank data shows U.S. consumer financial health holds up amid rising inflation

Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and…

3 years ago

Big U.S. banks see loan growth slowing as outlook for demand, economy darkens

U.S. bank executives said they're optimistic on loan growth as demand for borrowing from retail and business customers bounced back…

3 years ago

Monte dei Paschi names veteran UniCredit executive as CFO

Monte dei Paschi di Siena (BMPS.MI) has named veteran UniCredit (CRDI.MI) executive Andrea Maffezzoni as its new chief financial officer as it prepares to…

3 years ago