Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. “If it were not for COVID, a bank like the State Bank of India would...
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and capital spending. According to a report in The Wall Street Journal, citing Moody’s Investors Services,...
Changes in lease accounting standards have led top retailers and restaurant chains in the U.S. to significantly increase their liabilities, leaving some investors caught off guard, according to Bloomberg Tax reports Wednesday (June 5). The lease accounting standard overhauls, led by the Securities and Exchange...
March 08, 2022
Two years of pandemic-induced disruptions to business operations have forced chief financial officers (CFOs) at many companies to look for ways to improve their management of costs and cash flows. Many hastened their implementation of digitized payments processes as a result. PYMNTS’ research shows that these executives can now confidently say they improved the management […]
July 19, 2020
Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. “If it were not for COVID, a bank like the State Bank of India would be in a very happy situation,” Kumar told FT. “In […]
June 10, 2019
U.S. corporate balance sheets have declined since the 2017 tax overhaul signed into law by President Donald Trump, as companies allocated more money to share buybacks, dividend hikes, acquisitions and...
