Reduced pricing plan sees Wise shares slump despite profit surge; Wells, PNC CFOs see office spaces leading CRE stress; Fed trims 2024 rate forecast to one cut, holds borrowing costs steady; 40% of executives brace for ‘major’ reorganization, including layoffs: PwC
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Dear readers,
We’re looking forward to seeing many of you at Risk & Reward: Complying with the SEC’s Climate Rule, our first virtual (and free) event that will take place on July 11 from 2PM-4:30PM ET. You can click here to register and please feel free to share this invite with friends and colleagues interested in this important topic.
The editorial teams of CFO Dive and ESG Dive along with industry experts will review the climate-risk disclosure rule’s requirements and discuss how finance leaders can achieve full compliance while minimizing costs. We hope to see you there!
Like crypto rules FASB recently finalized, the environmental credit accounting standards would provide specific guidance where GAAP is currently silent.
“Older office buildings that are not renovated in certain areas of different cities are the places that you’re seeing the most stress,” Wells Fargo CFO Mike Santomassimo said Tuesday.
Many firms are turning to their CFOs to help them juggle their ESG strategies. Explore where ESG reporting stands and how finance leaders are tackling this responsibility in this Trendline.
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