High interest rates dampen hopes for robust M&A recovery; HSBC names CFO Elhedery as its next CEO; Sustainability experts: ‘Start preparing now’ for SEC climate rule, other disclosure regulations; CFOs plan to raise salaries 3.9% in 2025: WTW
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The Lebanon-born banker was seen as an early front-runner to succeed Noel Quinn. Elhedery took a sabbatical in 2022, reportedly learning Mandarin, and was named CFO when he returned.
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U.S. companies are trimming salary increases as the labor market loosens, recovering from a pandemic period of high resignations, job hopping and wage gains.
A mature approach to procurement is a priority for CFOs in midsize firms. Learn how AI-powered cloud procurement software provides granular spending detail and boosts collaboration in this playbook.
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