Over the last 30 years, the number of U.S. banks has been cut in half. Regulators don't seem interested in preventing further contraction.
By factoring in the Economic Cost of Risk, CFOs can capture the ups and downs of their companies' perils.
Traditional metrics can help CFO get a firmer grasp of past or frequent events. But for future perils, risk modeling may be the way to go.
Increasingly, data modeling is enabling companies to gauge risks like terrorism and price volatility.
Companies are slowly converting check payments into wire-transfer, ACH-debit and purchasing-card transactions.
Law-enforcement officials agree that the benefits of a virtual currency like Bitcoin outweigh the risks, but they also insist Bitcoin needs regulation.
Municipal finance chiefs are fighting to keep their troubled cities solvent. Sometimes it’s a losing battle.
To compete with Goliaths, corporate Davids need plenty of organizational flexibility.
The rich world, and especially the euro zone, risks harmfully low inflation.
Amid political uncertainty, the mutual property insurer's CFO closely manages currency risks to protect FM Global's policyholder-owners.
Potential drains on cash flow and perverse medical and legal incentives make workers' comp worthy of CFO scrutiny.