Where were you when you heard about Silicon Valley Bank? It’s the classic crisis question now being applied to the recent banking emergency that may be under control. Fingers crossed. These shocks to the financial system get CFOs either glued to their desks or hiding...
Businesses with strong balance sheets and sticky liquidity will always go the distance. That’s why, after the collapse of Silicon Valley Bank (SVB), treasury management is shooting up the priority list for CFOs, said Kiran Hebbar, CFO at at identity decisioning platform Alloy, during a conversation...
Today’s turbulent macroclimate has put the evolving chief financial officer role in the spotlight. And top finance leaders are rising to the occasion. “It’s exciting to be in the CFO seat,” Joseph Pergola, finance chief at media software platform Connatix, told PYMNTS in an interview,...
Chief financial officers (CFOs) acting as organizational navigators are staring down choppy seas. Amid historically high inflation, rising interest rates, and broader economic volatility, there is now a banking crisis whose knock-on effects are evolving the notion of providing value from the finance seat. For...
April 06, 2023
CFOs have always had to deal with market risk, no matter the macroclimate. But what is new for finance leaders, in light of the recent banking failures, is that they now have to consider bank risk. “[The failures] have made everyone look a little more closely at their banking relationships beyond just the principal risk […]
