Early impact of COVID-19 on European banks revealed
Deutsche Bank research shows the European banking sector suffered mild revenue and cost losses, but loan loss provisions spiked.
Bank Relations & KYC
Background
Bank relationships are vital. Bank Relationship Management (BRM) is a major task in any corporate treasury department and covers many other staff around the company. Often large companies use hundreds…
Read more
COVID-19 rapidly reshaping banking and payments behaviours
New data from FIS shows 45% of Americans have changed the way they interact with their banks since the coronavirus outbreak.
Digital banking channels embraced by corporates
Digital channels, whether for account opening, trade financing or supplier onboarding, are increasingly essential.
Report assesses initial US bank performance in the corona crisis
The report from Deutsche Bank Research suggests the current crisis may pose a greater threat to European banks than those in the US.
Ratings agencies assess the COVID-19 impact on European banks and corporates
Scope Ratings' outlook on European banks continues to show downside, while Moody's notes importance of industry sector for corporates.
Industry roundup: 20 April
News in brief featuring Abu Dhabi Islamic Bank, Taulia, Nice Actimize, and Funding Circle.
Industry roundup: 15 April
News in brief for Pega, IOSCO, EPA, Kyckr and Citi.
OneStream Software launches transaction matching solution
The solution is designed to accelerate account reconciliations and financial close.
The critical role of bank treasuries in the COVID-19 crisis
An Oliver Wyman report shows the role of bank treasuries in transmitting government and central bank policy to society.
COVID-19 halts Nationwide’s plans to enter the business banking market
The building society will be handing back the £50m RBS bail out fund grant it had received.
How to minimize bank fees & maximize operational efficiency
Strategic Treasurer shows how
Businesses abandoning banking services over slow due diligence processes
Could blockchain offer an answer?
The road to true digital bank
A report from Forbis Group explores what a truly digital bank looks like, and what that means for institutions and customers.
Standard Chartered reshuffles banking units
The bank has created a Financing and Securities Services unit by combining Securities Services with Portfolio Risk Management.
Corporate and investment banks must reinvent themselves
A Boston Consulting Group report suggests banks must overhaul business and operating models in order to remain viable.
Monzo introduces business accounts
The Pro and Lite versions are designed for limited companies and sole traders.
Barclays research highlights lack of banking industry alignment on key issues.
More than two-thirds of businesses identify collaborating and partnering with fintechs as the preferred approach for traditional banks
COVID-19 impacts on European banks
A report from Scope Ratings says that pre-existing financial health matters as European banks await the economic impact from the virus.
SIX selects KYC platform to assess supplier risk
The Swiss stock exchange operator hopes to strengthen its procurement process.
Greenwich leaders in both European and Asian large corporate banking and cash management announced
Challenges for European companies creates opportunities for corporate banks, while commoditisation shifts the Asian landscape.
UnionBank and Wirecard partner on digital banking for corporates in the Philippines
The two say that the collaboration will provide corporate customers with secure, reliable banking facilities.
BNP Paribas plans corporate pilot of virtual account management platform
The platform goes beyond the bank's previous efforts in the virtual account space.
BofA turns attention to employees of corporate clients
Financial Life Benefits, a suite of workplace benefits and solutions, will be available to staff of the bank's US corporate clients.
EBA shows banks’ progress in planning for failure, but issues remain
Report says banks should take advantage of positive market conditions to close €178bn shortfall.