The critical role of bank treasuries in the COVID-19 crisis
by Ben Poole
An Oliver Wyman report shows the role of bank treasuries in transmitting government and central bank policy to society.
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…
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COVID-19 halts Nationwide’s plans to enter the business banking market
by Ben Poole
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
by Jack Large
Strategic Treasurer shows how
Businesses abandoning banking services over slow due diligence processes
by Ben Poole
Could blockchain offer an answer?
The road to true digital bank
by Ben Poole
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
by Ben Poole
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
by Ben Poole
A Boston Consulting Group report suggests banks must overhaul business and operating models in order to remain viable.
Monzo introduces business accounts
by Ben Poole
The Pro and Lite versions are designed for limited companies and sole traders.
Barclays research highlights lack of banking industry alignment on key issues.
by Ben Poole
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
by Ben Poole
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
by Ben Poole
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
by Ben Poole
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
by Ben Poole
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
by Ben Poole
The platform goes beyond the bank's previous efforts in the virtual account space.
BofA turns attention to employees of corporate clients
by Ben Poole
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
by Ben Poole
Report says banks should take advantage of positive market conditions to close €178bn shortfall.
SurePay becomes an independent member of Rabobank Group
by Ben Poole
The firm, which launched the IBAN-Name Check solution in the Netherlands, is eyeing expansion to the UK.
HSBC adds to Australian Business Growth Fund
by Ben Poole
The A$540m fund will be used to support business growth in Australia.
Compliance spending approaches its peak
by Ben Poole
Data from Greenwich Associates suggests financial service firms are looking to control costs though outsourcing.
Does a ‘digital bank’ even exist yet?
by Ben Poole
Calls for a reevaluation of the digital bank concept, as one claim suggests a fully digitised bank would have a maximum 10 employees.
Citi Commercial Cards launch intelligent virtual agent
by Ben Poole
The capability is designed to provide a better digital servicing experience for clients.
Wells Fargo expands financing for diverse small businesses
by Ben Poole
Wells Fargo Foundation’s Diverse Community Capital Program invests US$17.4m to help entrepreneurs grow 50,000 jobs.
Lloyds Bank rolling out corporate tools as part of carbon cutting pledge
by Ben Poole
The banking group pledges to cut carbon by more than 50% in the next decade to help finance a green future.
Banking sector ‘active mindset’ key to accelerating response to climate crisis
by Ben Poole
BEI report outlines path to a greener future for banks.