Global March of Renmibi continues: Citi implements new Renminbi Multi-Currency Notional Pooling Solu
by Kylene Casanova
Citi has added the renminbi (RMB) to its Multi-Currency Notional Pooling service in London.
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 moreEuro Area Bank Lending Survey for Q4 2012 shows widening bank margins which spells trouble for corpo
by Kylene Casanova
According to the ECB Euro Area Bank Lending Survey for Q4 2012 average margins for Enterprises have widened 23% while the tightening of collateral requirements was stable.
There are now four RMB clearing banks outside of China
by Kylene Casanova
This month China's central bank, the People's Bank of China (PBoC), appointed two additional banks – the Industrial and Commercial Bank of China in Singapore (ICBC Singapore) and Bank of China in Taiwan (BoC Taiwan)
Global cash pooling and sweeping tips and insights from ACT’s Cash Management Conference panel discu
by Kylene Casanova
At the Association of Corporate Treasurers Cash Management in London last week a panel made up of Maurice Cleaves - Barclays, Ian Armstrong - AMEC, Angela Clark - Misys, and Paul Outridge - De La Rue and the audienc
Citi sees surge in offshore Renminbi-related activities in Singapore
by Kylene Casanova
Since the People's Bank of China (PBC) introduced the renminbi (RMB) cross-border initiative in July 2009 to promote the internationalisation of RMB, the number of activities in Singapore for offshore RMB solutions
Security concerns in Middle East trade increase demand for LCs and credit insurance
by Kylene Casanova
Companies in the Middle East are looking for maximum security in trade transactions after being doubly hit by the financial crisis and the Arab Spring. Middle East companies and banks are being extremely cautious wh
How China has simplified IPO proceeds repatriation
by Kylene Casanova
China's forex regulators issued a new guideline on January 28 simplifying repatriation of IPO
Renminbi growth continues: Standard Chartered Renminbi Globalisation Index up 2.8% in December and S
by Kylene Casanova
RGI, posted another new high of 748 in December, up 2.8% from November's 728 in part due to
Bank of America Merrill Lynch Launches CashPro Accelerate® in 12 markets in Asia Pacific
by Kylene Casanova
Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, Philippines, Singa
UK’s Association of Corporate Treasurers advice on practical alternatives to LIBOR for AUD, CAD, DKK
by Kylene Casanova
LIBOR is currently published for ten currencies and fifteen maturities. The ACT regards the availability of reference rates such as BBA LIBOR as very important and functioning as a significant public good. For users
The real truths about releasing trapped cash
by Kylene Casanova
The article by Gavin Hinks, in The Treasurer in September 2012, gives several important tips about how to free your cash:
Card acceptance boosted by Citibank India’s use of mobile phone card acceptance system
by Kylene Casanova
Citibank India has teamed up with a local tech firm Ezetap on a Square-like App and reader-based system for turning mobile phones into card payment acceptance devices which will make it much easier for merchants to
RMB internationalisation: Citi the First Foreign Bank to Complete a Cross-Border RMB Lending Transac
by Kylene Casanova
Citibank (China) Co., Ltd. ("Citi China") today announced the completion of the first cross-border lending transaction in Renminbi (RMB) by a foreign bank in China.
HSBC first foreign bank to pilot foreign currency cross-border netting solution in China
by Kylene Casanova
HSBC China is the first foreign bank to obtain approval from the State Administration of Foreign Exchange (SAFE) to implement a foreign currency netting solution for the trade of goods in China; this has been obtain
A 6th option for releasing trapped cash in China: reader suggestion
by Kylene Casanova
There also a very clever 6th option, if you've got the companies to do it.
More cross-border sweeping from China: approval for Standard Chartered and Shell
by Kylene Casanova
Standard Chartered Bank (China) Limited and Shell (China) Co. Ltd. today announced that they have been granted approval to set up a Foreign Currency Cross-border Sweeping structure. The structure, approved by the Ch
Canada will be first to implement Basel III Capital Requirements and a SCT study of the implications
by Kylene Casanova
On 10 December, the Office of the Superintendent of Financial Institutions (OSFI) issued the final regulatory requirements for Canadian banks under Basel III, effective first quarter 2013. The announcement comes jus
Citi launches expanded tri-party Collateral Management Solution
by Kylene Casanova
with tri-party agents - Euroclear and ClearStream - that will allow clients to consolidate
The development of cross-border sweeping from China continues
by Kylene Casanova
The recent deregulation by SAFE and PBOC allows MNC groups to establish " cross-border cash pooling " structure to link it's domestic cash pool with overseas cash pools.
Basel III new rules are ineffectual. We are increasingly back to the 2007/8 position
by Kylene Casanova
This hard hitting article by Mayra Rodriguez Valladares in the American Banker starts with a question: "How do you get 27 countries with different cultures and political systems, often at different points of the cre
Implementing regional cash management solutions: involve the business units or fail says Willis trea
by Kylene Casanova
Christoph Nelischer, Willis Treasurer, describing his implementation of a Asia-Pacific cash management solution at the Eurofinance conference, explained: "You really have to engage the business. Consult on all level
Expansion of e-Cash and mobile payments at point of sale in Africa continues
by Kylene Casanova
The latest example of the expansion of e-cash in Africa is in Rwanda where the mobile payment platform MobiCash and financial institution KCB Bank has launched BioCash, a financial service that uses the national ID
Ten projects you may have forgotten
by Kylene Casanova
Volatile markets and shifting regulations require a dynamic approach to managing the treasury project queue. Treasury Alliance have put together a list of ten projects that may have slipped your list including SEPA
Lehman In Too Deep (We could have had a Bailout!)
by Kylene Casanova
You have to see this video from YouTube.. This piss take of Dick Fuld and other familiar figures from the dark days of 2008 is just great and hard hitting.