Case Study: Managing Brazilian Sovereign Risk
by Kylene Casanova
Paul Boodee describes, in the July/Agust edition of The Exchange, how Banco Toyota do Brasil ("BTB"), Toyota Financial Services' affiliate in Brazil managed their sovereign risk.
Cash & Liquidity Management
Background
Effective liquidity management is as much an art as a science. The main objectives of cash and liquidity management are to free up all the company's cash whilst minimising processing costs, to…
Read moreStandard Chartered Renminbi Globalisation Index: RMB up 65% annually (Up 4.8% month-on-month in June
by Kylene Casanova
Standard Chartered believe that the rise was mainly driven by a rise in CNH FX turnover
New OTC derivatives central counter-party (CCP) being set up in Chile
by Kylene Casanova
In response to G-20 mandated OTC derivatives reforms and standardization, a group of Chilean banks led by COMDER is building a new OTC derivatives CCP. This new CCP
RMB now 11th in world payments currency rankings
by Kylene Casanova
In June, renminbi gained two places in the ranking of world payments currencies
Citi adds new global liquidity hub in Amsterdam in response to client needs
by Kylene Casanova
Citi has extended its liquidity management network with the addition of Notional Pooling in Amsterdam, thereby providing clients with global hubs for liquidity management across six money centres
European Commission plans to cap fees banks charge when processing card payments from next year, but
by Kylene Casanova
The cap, which is in line with measures demanded by the Commission's antitrust officials, will-
European corporate debt: bonds share over 50% as bank lending falls, and flight to quality expected
by Kylene Casanova
Bonds accounted for over half of the new corporate debt funding in Europe in the first six months of 2013, which reached an overall total of EUR 495 billion. European corporates issued EUR 257
Digital peer-to-peer finance lending set to hit £1bn in UK - corporates next?
by Kylene Casanova
FT reports that "The UK's peer-to-peer market has trebled in size in trebled in size in just three years, as online funding platforms exploit the gap left by banks retreating from lending, according to
Standard Chartered successfully completes RMB 2.7bn cross-border lending deal
by Kylene Casanova
Deal is the first RMB cross-border lending transaction for Standard Chartered
Finally, bank regulators have had enough
by Kylene Casanova
With their simultaneous display of hubris, remorselessness, incompetence and corruption ...
Hunt for funding: Don’t forget Retail Bonds says National Grid’s Andrew Kluth
by Kylene Casanova
In his hilarious and very persuasive presentation in 'The Treasurers hunt for funding' stream at the ACT Annual Conference 2012 in Liverpool, Andrew Kluth showed why other corporates should
FATCA compliance deadline postponed by six months
by Kylene Casanova
US Department of the Treasury and Internal Revenue Service (IRS) agreed a six-month extension
Nordea’s Global Cash Pool: the real-time cross-border, cross-currency cash pooling service .....
by Kylene Casanova
Nordea’s Global Cash Pool (GCP) provides access to client’s overall liquidity using balance netting to provide real-time cross-border, cross-currency cash pooling. Balance netting is much more
AFP Guide to Global Short-Term Borrowing
by Kylene Casanova
AFP's Liquidity Management Guide to Global Short-Term Borrowing has just been released. The focus is on managing the danger areas such as liquidity risk, market risk, counterparty risk,
Automatic cross-border RMB sweeping set to go live in China
by Kylene Casanova
China's central bank is set to give the go-ahead to for the two-way cash sweeping of RMB
U.S. Bank’s new SAP® consolidated payables link is another example of SAP’s direct to bank connectiv
by Kylene Casanova
U.S. Bank today announced the availability of their payment application that enables clients to integrate their SAP enterprise resource planning software with U.S. Bank's payment origination
March of Renminbi: Standard Chartered RGI hits 1,000-mark but mild slowdown in store
by Kylene Casanova
RGI, reached a new high of 1,002 in May, up 8.4% from the previous month
Mobile and online payments via the card schemes under threat from Pingit, Zapp, Ideal and MyBank
by Kylene Casanova
In the UK last week Barclays revealed it was planning to extend its mobile phone number-based P2P payments service, Pingit, to retailers. Launching soon, the Buyit feature will let users make
FATCA for multinationals: what treasurers need to know
by Kylene Casanova
"The Foreign Account Tax Compliance Act (FATCA) is a new set of U.S. tax rules that will affect many aspects of the day-to-day activities of the corporate treasury function. FATCA was enacted by
Citigroup setting up a representative office in Iraq
by Kylene Casanova
Citigroup received approval this week to open a representative office in Baghdad and will consider more such offices in the country. Even though in other emerging markets they are withdrawing, in
ICBC now world’s biggest bank, pushing BofA Merrill into 3rd place, and Citi slides to 6th below CCB
by Kylene Casanova
Just released Banker's global analysis of the top 1000 banks shows, by Tier 1 capital ....
Clearstream’s new global issuer hub
by Kylene Casanova
Clearstream have launched a new Global Issuer Hub to facilitate issuance and administration for all types of debt instruments, warrants, equities and investment funds in 46 settlement and 96
Working capital performance among large U.S. public companies has improved only marginally over the
by Kylene Casanova
Last month, REL Consulting published their 2013 working capital survey in CFO magazine. The 1,000 large U.S. companies included in the survey had more than $1.1 trillion in excess working capital. Given the recent a
German RMB payments value increases 71% and EUR almost loses its lead as most used currency
by Kylene Casanova
SWIFT data shows that Germany is ranked #8 in the world for RMB payments value