by Controllers Council | Apr 11, 2023 | Banking, Controller Insights, Economics/Economy, Risk Management
Since the collapse of Silicon Valley Bank (SVB) in March 2023, financial analysts have been performing a thorough autopsy. What caused SVB to fail? While many factors led to its downfall, a U.S. regulator told a Senate panel that SVB had a “terrible” track record when...
by Controllers Council | Jan 27, 2023 | Economics/Economy
Controllers Council recently held a webinar on 2023 Economic Outlook, sponsored by Allianz Trade. Our speaker, Dan North, is a Senior Economist North America for Allianz Trade. He’s been with Allianz since 1996, and he’s used macroeconomic analysis to help...
by Neil Brown | Nov 30, 2022 | Economics/Economy, Foreign Exchange, Risk Management, Treasury
Not since the 1980s have we seen the type of exchange rate volatility in the world’s major currencies that we’ve seen recently. (see volatility charts below for 1980s and recent) For example, just in the past three months the Euro has fallen 3.46% against the US...
by Controllers Council | Oct 31, 2022 | CFO Insights, Crisis Management, Economics/Economy
A recession is expected in North America by 2023, but are CFOs more afraid of recession or inflation in this country? A recession is a significant, widespread, and prolonged downturn in economic activity. Inflation is a rise in prices, which can be translated as the...
by Controllers Council | Oct 25, 2022 | CFO Insights, Corporate Finance, Crisis Management, Economics/Economy, HR/Talent
In the last few months, some of the country’s biggest companies have lost their finance chiefs. Studies show that Fall is a period of high CFO turnover. Take a look at a recent Wall Street Journal article to learn about finance chiefs switching jobs as companies face...
by Controllers Council | Jul 18, 2022 | Controller Insights, Crisis Management, Economics/Economy
In the world of business, no one is immune to recessions. Controllers are often the ones who must manage through these difficult times by making tough decisions and implementing strategies to keep their companies afloat. Although there’s no one-size-fits-all...
