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One CFO’s ‘North Star’ in Setting Financial Priorities
CFOs will need to continue to be strategic as they aim to maintain healthy operating margins and a strong balance sheet. Stacey Malakoff, the CFO of New York-based Hospital for Special Surgery (HSS), recently spoke with HealthLeaders on the three financial initiatives she will be focusing on to ensure financial success in 2024. And, while the priorities…
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VA pauses foreclosures on home loans amid concerns of financial strain
Veterans Affairs leaders are calling for an immediate halt on all foreclosures on homes financed through department loans and extending a pandemic support program in an effort to help veterans struggling with housing payments.The moves, announced Friday, came in response to an NPR report earlier this month which found thousands of veterans in danger of…
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Small-scale farmers received 0.3% of climate finance
Small-scale farmers produce a third (32 per cent) of the world’s food yet only 0.3 per cent of international climate finance was spent helping them adapt in 2021, a new report reveals.The research, Untapped Potential by Climate Food Focus representing over 35 million small-scale producers was released ahead of COP 28 which is set to…
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People: Muse; Time Finance; Select Lifestyles
Placemaker Muse has expanded its Midlands team with four new appointments and has announced the opening of a new office in Northspring, Temple Street. The new additions to the team include Basit Ali, joining as a development director, Sharne Sahajpal as a development manager, Iona MacRury as marketing and communications manager (also supporting Muse’s…
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Financial stability buy/sell tools: a gilt market case study
By Paul Alexander, Rand Fakhoury, Tom Horn, Waris Panjwani and Matt Roberts-Sklar.footnote [1]This article describes the Bank of England’s 2022 gilt market intervention to support UK financial stability. It outlines the principles underpinning the design of this intervention and considers how these were applied in practice. The growing role of market-based finance has led to…
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HSAs are a ‘powerful, yet underutilized’ financial tool, says CFP—how to take advantage during open enrollment
Open enrollment season is upon us, which means millions of Americans are sorting among the various health plans on offer through their employer to decide which one best fits their needs. A number of data points factor into this calculus, including premiums, deductibles, your anticipated health-care costs and whether insurers have providers you like in…
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Financial Tips For A Long And Vibrant Life: Insights From The Blue Zones
I recently watched the Netflix documentary Live to 100: Secrets of the Blue Zones, with author Dan Buettner, to discover five unique communities where people live extraordinarily long and healthy lives. That got me thinking about longevity and the need to plan for it financially. Who doesn’t want to live a long and vibrant life,…
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Columbia-based Rhodes Cos. names new chief financial officer
Rhodes Cos. has appointed Caleb McDaniels as its new chief financial officer. This strategic move is a part of the company’s ongoing commitment to strengthen its leadership team and enhance financial operations across its diverse portfolio, which includes companies such as Rhodes Branding, Rhodes Graduation Services, Mill & Crate and Millwood Properties, according to a…
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Finance Ministry demands banks tighten cybersecurity after UCO Bank error By Investing.com
© Reuters. NEW DELHI – India’s Finance Ministry has mandated all government banks to intensify their cybersecurity measures following a significant IMPS malfunction at UCO Bank, which led to an erroneous transfer of Rs 820 crore. The directive issued today aligns with the Reserve Bank of India’s (RBI) existing efforts to raise awareness about cyber…
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Which cities welcome women in finance? Des Moines among the standouts
Finance has traditionally been a male-dominated field, but that’s changing in the United States. As of 2021, McKinsey & Company reports women make up about 52% of the financial workforce in the U.S.According to the report, the numbers of women at the C-suite level have increased by 50% since 2018.However, some cities ― including Des Moines…
