Pay inflation accelerating in Europe – Industry roundup: 10 November
by Graham Buck
Fears as Binance abandons FTX; Blue Mediterranean Partnership launched; Citi cuts investment banking jobs; China property crisis deepens
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…
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Cash is still king for many Indians – Industry roundup: 8 November
by Graham Buck
NY Fed positive on digital dollar; BIS issues central bank FX survey; PayPal supports Apple's Tap to Pay; SEC outlines proposals for open-end funds
US corporations face rising credit risks
by Pushpendra Mehta , Executive Writer, CTMfile
Higher borrowing costs, rising inflation, looming recession, Europe’s energy crisis, and housing market corrections are intensifying credit risks.
China set to retain grip on global rare earths supply – Industry roundup: 3 November
by Graham Buck
Bank of England hikes rate by 0.75%; Singapore's MAS explores retail CBDC; Call for crackdown on shadow banks; Canada ISO 20022 delay
More US corporates focused on ESG performance – Industry roundup: 1 November
by Graham Buck
Australia ready for more rate hikes; Strong dollar trims corporate earnings; European sovereigns face poor liquidity; Nigeria expects a volatile 2023
Excess working capital currently locked up on Middle Eastern corporate balance sheets
by Pushpendra Mehta , Executive Writer, CTMfile
Middle Eastern companies pay higher prices for many imported goods and services, increasing the amount of working capital tied up in operations.
China’s central bank bolsters liquidity in the market – Industry roundup: 28 October
by Monica Zangerle , Writer, CTMfile
BNY Mellon unveils new aggregated payments platform in the US; Crypto and blockchain saw the most investment in Portuguese fintech market in 2022
Pakistan calls on Asian Infrastructure Investment Bank for aid – Industry roundup: 27 October
by Graham Buck
MBridge multi-CBDC completes pilot; SWIFT extends MonetaGo tool; Turkey plans 2023 launch for CBDC; ECB agrees second 0.75% rate hike
Bank of America expands reporting, forecasting in accounts receivables matching solution – Industry roundup: 25 October
by Kylene Casanova
General Motors posts big third-quarter earnings beat but holds full-year guidance steady amid ‘headwinds.'
M&A activity in Asia Pacific, the US and Canada slumps further in third quarter of 2022
by Pushpendra Mehta , Executive Writer, CTMfile
Higher financing costs, rickety stock markets, and geopolitical and economic uncertainty have contributed to a steep fall in deal-making activity.
Liz Truss resigns as Prime Minister of the UK – Industry roundup: 20 October
by Kylene Casanova
Inflation spikes in both the UK and Canada; Archaea Energy to be Acquired by BP, Cyberattacks rise in Europe.
US corporations and sectors most vulnerable to the soaring dollar
by Pushpendra Mehta , Executive Writer, CTMfile
The strong dollar is lowering the earnings of American companies dependent on overseas sales, making them vulnerable to exchange rate fluctuations.
Mastercard launches ‘Global Treasury Intelligence’ to help organizations gain greater visibility into payment flows
by Pushpendra Mehta , Executive Writer, CTMfile
Mastercard’s latest innovation integrates data from all company sources to offer a complete view of payments for better business decision-making.
China to encourage further renminbi internationalisation – Industry roundup: 13 October
by Graham Buck
Lazard adds geopolitical risk unit; Central banks "ready for recession"; Google to accept crypto payments; BNY Mellon complete Egypt-China payment
Global CEOs preparing for a recession, but majority think it will be mild and short
by Pushpendra Mehta , Executive Writer, CTMfile
CEOs are ready to confront the current geopolitical and economic challenges, while still anticipating long-term global growth.
Supply chain normality in prospect for 2023 – Industry roundup: 11 October
by Graham Buck
EU commissioner on digital euro; Singapore's ESG impact hub; Mastercard offers Global Treasury Intelligence; SEC OK's new corporate debt fund
Accounting firms warned over substandard work– Industry roundup: 6 October
by Graham Buck
New concerns over shadow banking; HSBC Canada seeks a buyer; EU nations agree CO2 permits; Global trade to slow next year says WTO
CFOs rethinking outdated and inefficient supply chain models that excluded the 3Rs
by Pushpendra Mehta , Executive Writer, CTMfile
CFOs are moving away from efficiency-based supply chain models to revenue assurance models that emphasize reliability, responsiveness and resilience.
India’s U$1.2 trillion economic challenge, one year on – Industry roundup: 4 October
by Graham Buck
Call for weaker dollar; SWIFT completes tokenised asset pilot; Sanctions imposed on Bank of Russia chief; Citi still seeks growth in Malaysia
Top macro and micro risks for mid-sized companies in 2022
by Pushpendra Mehta , Executive Writer, CTMfile
Financial, digital and business interruption risks top the list of macro risks, while cyber and economic risks are the most concerning micro risks.
WTO chief sees world economy heading towards recession – Industry roundup: 29 September
by Graham Buck
Bank of England bond action costs £65bn; Banque de France reveals CBDC plans; Indian tycoon downbeat on China; Stan Chartered setback in Maersk tussle
CBDCs and cross-border payments: a gamechanger for corporate treasury
by Pushpendra Mehta , Executive Writer, CTMfile
Central bank digital currencies (CBDCs) have the potential to transform cross-border payments and disrupt cash management.
Australia’s central bank plans CBDC pilot in 2023 – Industry roundup: 27 September
by Graham Buck
Banks see Hong Kong revenues slide; Ford retools supply chain management; BlackRock-Insurers refine investments; PBOC imposes risk reserve requirement
Germany nationalises its biggest gas importer to safeguard supplies - Industry roundup: 22 September
by Graham Buck
UK hikes rates less than US; DB expects deeper eurozone recession; RBA reveals US$30bn bonds loss; More pain seen for China property sector