Global news and insight for corporate financial professionals
Are luxury cars untouched by economic slowdown and inflation? The latest results from Italian luxury automaker Lamborghini suggests so. CFO Paolo Poma believes the company can even improve its profitability, despite economic headwinds. Global Finance spoke with Poma—who has been managing director and CFO since 2017—when he recently visited New York.
Where might the next shoe drop in the banking sector? Accelerate CEO and ETF specialist Julian Klymochko has some surprising answers.
The Middle East could prove a profitable oasis.
The FDIC’s sudden takeover of both Silicon Valley Bank and Signature Bank casts a shadow, no matter what you call it.
Billions of dollars are due to flow back to hedge funds and other investors over the course of 2023 as the SPAC craze dies down.
Activist investors are targeting a beleaguered Disney in turmoil.
Today, due diligence means digging deeper and getting granular, as there is less leeway for underwriting assumptions to be wrong.
Audit companies face an audit by a government oversight agency and are found lacking.
China's government is relaxing its crackdown on the tech sector while scooping up premium shares in certain players in the tech industry.
Japan's policymakers are encouraging consolidation in the banking system, sparking a wave of regional bank mergers and acquisitions.
A Subway sale would be the biggest restaurant M&A deal since Inspire Brands bought Dunkin’ for $11.3 billion in 2020.
Whirlpool's global competitors are scooping up the company's assets as it reduces operations abroad.
Stephanie Linnartz will become CEO of Under Armour after spending 25 years at Marriott International.
The controversy of CEO pay was also on the agenda at the World Economic Forum in Davos the week after Apple CEO Tim Cook’s pay cut was announced.
In a turnaround from 2022, the Central American Bank for Economic Integration's latest infrastructure bond offering is proving popular with investors.
Salesforce joins Microsoft and other tech companies in reducing headcount.
With interest rates rising in the West, China hopes its falling interest rates will attract multinationals to its domestic bond market.
Private debt funds, asset-based financiers and family offices fill the gaps left by traditional bank lenders.
Corporates and banks face a tight deadline to finalize migration from Libor.
While US sports deals are few and far between, investors have a better chance to score abroad.