Treasury: Page 33


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    CFO role has grown during pandemic: Accenture

    CFOs have taken on greater responsibilities since the onset of COVID-19, especially those at government agencies handling record pandemic aid, Accenture said.

    By April 27, 2021
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    Jeff Topping via Getty Images
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    Deep Dive

    Up from the ashes: How airline CFOs are preparing for the post-pandemic rebound

    CFOs of airlines challenged by the pandemic are preparing for a rebound in demand, offering lessons for financial executives in less-stressed industries.

    By April 26, 2021
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    Fotolia
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    Capital raises, along with expectations, getting bigger, VC funder says

    For hot companies in hot markets, the amounts are exceptional, Christoph Janz of Point 9 Capital says.

    By Robert Freedman • April 23, 2021
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    Permission granted by Kareywood Photography
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    SPAC market during Q1 showed 'explosive growth': Duff & Phelps

    The SPAC market boomed during the first quarter of 2021, Duff & Phelps said, noting that SPAC warrants this month have come under regulatory scrutiny.

    By April 23, 2021
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    Anna Hrushka/CFO Dive
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    Businesses can only expect limited boost from stimulus checks: Fed study

    Households have channeled federal stimulus checks primarily towards savings or reducing debt, giving businesses just a limited lift from consumer spending, according to the Fed.

    By April 22, 2021
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    Sean Gallup via Getty Images
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    Rising number of IRS corporate audits end in 'no change': tax expert

    Companies have outgunned IRS auditors with high-paid accountants and attorneys, pushing up the number of audits that result in no change to tax filings, tax experts say.

    By April 20, 2021
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    Permission granted by E.A. Crunden
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    Democrats, Republicans finalizing draft LIBOR bill, pledging cooperation

    The legislative effort to smooth the phase-out of LIBOR will test whether the two parties can cooperate in heeding warnings from regulators of systemic risk.

    By April 19, 2021
  • Senate confirms Gensler to lead SEC in 53-45 vote

    While leading the Biden administration’s watchdog of Wall Street, Gensler is expected to toughen aspects of oversight that were eased during the Trump administration.

    By April 14, 2021
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    M&A supports buyers' stock price performance during Q1, study finds

    Dealmaking paid off for acquiring firms, boosting their stock prices to a record first-quarter performance, a Willis Towers Watson study found.

    By April 13, 2021
  • SEC in 'risk alert' warns that some ESG funds may mislead investors

    The SEC found that some investment companies may have made misleading statements on ESG investing processes and adherence to ESG frameworks.

    By April 12, 2021
  • Private credit markets poised to rebound: survey

    Private credit dealmakers foresee a market resurgence in 2021 following the pandemic-induced setback last year, according to a survey by Katten.

    By April 9, 2021
  • Most companies will likely link executive pay to environmental targets: ING survey

    Spurred on by the pandemic, most companies are accelerating their “green transformation” and plan to tie executive pay to environmental goals, ING said in an ESG survey.

    By April 7, 2021
  • Yellen urges global policymakers not to withdraw stimulus too quickly

    The lesson of the last financial crisis is to keep supporting the global recovery, the Treasury secretary said at the opening of a global economic meeting. 

    By April 6, 2021
  • Yellen pushes for global minimum corporate tax rate

    Yellen deplores “a 30-year race to the bottom” in taxation and says a global minimum corporate tax rate would help bolster U.S. competitiveness.

    By April 5, 2021
  • President Joe Biden speaking about the American Jobs Plan
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    Retrieved from Twitter.
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    Benefits of $2T Biden plan won't outweigh tax costs: Tax Foundation

    Biden would benefit the economy more by funding his $2 trillion infrastructure plan with federal spending cuts, rather than by raising corporate taxes, the Tax Foundation said.

    By April 1, 2021
  • SEC threatened with lawsuit by state attorney general over ESG disclosure

    West Virginia's attorney general threatens to sue the SEC if it compels companies to file disclosures on environmental, social and governance matters.

    By March 29, 2021
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    Courtesy of BioNTech
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    Deep Dive

    4 CFO lessons from the pandemic

    CFOs are advancing into the second year of a once-in-a-century pandemic with lessons they’ve learned while coping with a broad range of disruptions from COVID-19.

    By March 26, 2021
  • New York passes law guiding LIBOR transition for $1.9 trillion in debt

    New York lawmakers approved legislation clarifying the switch from LIBOR to an alternative reference rate for much of $1.9 trillion in outstanding contracts.

    By March 26, 2021
  • House panel flags $84 billion in potential fraud in PPP, other coronavirus crisis loans

    Fraudulent loans under the PPP and another coronavirus aid program may total nearly $84 billion, with less than 1% recovered so far, according to a U.S. House panel.

    By March 25, 2021
  • Federal watchdog warns of potential crisis in post-pandemic U.S. fiscal health

    The Government Accountability Office said U.S. debt, pushed up by $6 trillion in pandemic rescue spending, will hit a record high in 2028, increasing the odds of fiscal crisis.

    By March 24, 2021
  • MicroStrategy CEO: Treasurers should buy Bitcoin as cash alternative to hedge inflation

    Record stimulus is likely to stoke inflation, making Bitcoin an attractive backstop for corporate treasurers, according to Michael Saylor.

    By March 23, 2021
  • Top Fed official warns banks slow to end use of LIBOR

    Federal Reserve Vice Chair Randal Quarles said regulated institutions face “intense” oversight of their transition from the London Interbank Offered Rate (LIBOR).

    By March 22, 2021
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    Lawmakers propose extending PPP coronavirus rescue aid through May

    Legislation introduced in the House and Senate would postpone the deadline for the Payroll Protection Program from March 31 to May 31.

    By March 15, 2021
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    Thai Phi Le/CFO Dive
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    Restaurants win $28.6B relief fund in Biden's stimulus. Here's how it works.

    Though Restaurants Act co-author Rep. Earl Blumenauer said this sum "won't be enough" to get battered restaurants through the year, the program's $5 million loans will be a much-needed shot in the arm for the industry. 

    By Emma Liem Beckett • March 15, 2021
  • SEC official: Companies avoiding ESG disclosures 'risk higher costs of capital'

    Disclosing some ESG-related issues may eventually prove as important for companies as reporting asbestos-related risks, a top SEC official said.

    By March 13, 2021