Weekender: Gensler warns no extension coming to LIBOR's end on Dec. 31

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BROUGHT TO YOU BY — Trintech Increase Effectiveness of Your Close Cycle Is your monthly close taking longer than you know it should? Trintech solutions deliver accuracy, efficiency and a quicker close cycle. Learn more.   Gensler warns no extension coming to LIBOR's end on Dec. 31 Some institutions will wait until the last minute to switch from LIBOR to a new reference rate, SEC Chair Gary Gensler predicted, leading to some "choppy" trading toward the end of 2021. Rise in non-financial disclosures gives CFOs a chance to shine As organizations pack their reports with more information, the workload is increasing but so is the opportunity to tell a compelling story. Corporate borrowing costs would soar in U.S. debt default: Moody's Partisan wrangling over the debt ceiling in coming days will probably slow investment, hiring and lending, according to Moody's Analytics. Sponsored Content by Trintech 2021 Global Financial Close Benchmark Report Trintech's 2021 Global Financial Close Benchmark Report analyzes how companies use automation to streamline their financial close process. How do you compare? Download the report. Trump Organization CFO appears before New York Supreme Court Allen Weisselberg will get more time to file a pre-trial motion to review "millions of pages" of documents that weren't part of the case before.  Logistics startup Transfix to go public via SPAC The transaction would give Transfix more financing options, including for mergers and acquisitions, but the company's main focus is on organic growth, CFO Christian Lee says. Featured Resources FROM: EY Strategy and Transactions Increase stakeholder value through divestments [Report] 2021 Global Corporate Divestment Study [Guide] Road map to carve-out sale success [Services] Strategic portfolio management From Our Library Trendline How digital transformation is changing the finance world Webinar - on demand Digital Upskilling at Scale: Aligning Skills and Culture With the Changing Nature of Work PwC Trendline The wave of transitions to subscription pricing View all resources Best of What We're Reading The New York Times How Top Accounting Firms Help Their Clients Sidestep Taxes Yahoo! Finance The Evergrande 'Lehman moment' analogy is wrong Barron's The American Airlines and JetBlue Alliance Is Under Threat. Why It Matters. The Wall Street Journal Fintech Lender Affirm Leans on Investors to Fund Rapid Growth PYMNTS.com Cash Flow Has Made Automation Priority for CFOs U.S. Department of Justice Florida Businessman and CFO of Russian Natural Gas Company Arrested on Tax Charges Suggest a story we should read Upcoming Events The Future of Accounting – 9 Developments That Will Impact Your Finance Team Sept. 29, 2021 - Sept. 29, 2021 | Webinar 2pm ET Driving Agility Through Real-Time Insights Sept. 30, 2021 - Sept. 30, 2021 | Webinar 2pm ET Fueling Growth: Considerations for Implementing the Optimal Financial Management Oct. 19, 2021 - Oct. 19, 2021 | Webinar 2pm ET Dive Into a Topic Strategy & operations Financial reporting Compliance Technology Treasury Risk management Leadership Share CFO Dive: Daily Dive with others and get rewarded. You've referred 0 readers. To become an official Dive Insider, just successfully refer 10 contacts to CFO Dive: Daily Dive. Here's your link to share: https://www.cfodive.com/signup/insiders/?signup_referred_by=5f93078d7aa51972095c9316

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