New borrowing rates are coming, but which will dominate?
by Jack Large
US’s? ICE LIBOR? Australia’s?
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 moreCanada and EU to bear brunt of US trade wars
by Bija Knowles
A study by KPMG shows how Canada, Australia, the UK and the EU will be affected by US protectionist policies if countries respond by raising tariffs on imported goods
NACHA and IFX Forum merge to accelerate API standards
by Bija Knowles
IFX Forum has been merged as an independent operating entity under NACHA in order to further the development of standardised APIs and other standards for the global financial services industry
EC proposes cheaper euro payments for EU states
by Bija Knowles
First the ECB suggests that banks should raise fees to customers, then the Commission proposes making cross-border payments in euro cheaper across the entire EU
Ant Financial = future of finance and banking?
by Jack Large
Will the west ever catch up with their strategy and delivery that optimises digital technologies: AI, Blockchain, Cybersecurity and much more
Financial services optimism lowest since financial crisis
by Bija Knowles
Optimism in the financial services industry fell for the fourth consecutive quarter at the start of 2018, according to the latest Financial Services Survey by CBI/PwC
European treasury associations join forces with EACT
by Bija Knowles
The European Association of Corporate Treasurers has enlarged its membership to include members of Austrian and Romanian treasury associations
What Brexit red tape will cost EU and UK exporters
by Bija Knowles
£31 billion and £27 billion: the additional costs to EU27 exporters and UK exporters respectively, if no bespoke trade agreement is reached between Britain and the EU
Getting on top of the key tasks in corporate treasury
by Jack Large
AFP’s Treasury in Practice Series report full of commonsense examples
Does correspondent/partner banking have a future?
by Jack Large
Yes, but e-commerce ecosystems could change the landscape dramatically
US corporates aim for cash repatriation in Q2
by Bija Knowles
Repatriation of cash to the US is back on the agenda for CFOs and treasurers, with 63 per cent planning to repatriate cash in 2018. TMS upgrades and short-term cash investment also a priority
Financial sector key to GDP growth – will it influence Brexit talks?
by Bija Knowles
Recent official figures confirm that the UK's financial and business services sector is one of the main drivers of economic growth
Brexit impact on employment, VAT… and schools
by Bija Knowles
Brexit is currently built on shifting sands but it will inevitably have a wide-ranging impact on businesses, the financial sector and its employees
Smart Contracts are changing the way the world banks and invests
by Michael Kordvani , Freelance writer
App developers are creating smart contracts with decentralized apps (dApps)
91% of firms say Brexit is most serious challenge to the UK financial services
by Bija Knowles
Two reports – one from leaked from government and another published by CBI/PwC – say Brexit will have a negative impact on British business and financial services
Why European – and UK – businesses must prepare now for Brexit
by Bija Knowles
Businesses on both sides of the English Channel are being advised to prepare for Brexit now, as supply chains will have to be redesigned following 19 March 2019
CFOs focus on reducing operational costs
by Bija Knowles
Chief financial officers are faced with expanding responsibilities when it comes to driving corporate growth – but taking cost out of the business is an overall priority
How treasurers are preparing for disruptive technologies in 2018
by Bija Knowles
Corporate treasurers in the US are preparing for the impact of disruptive technologies in the coming two to three years, from automation of treasury processes, blockchain and robotics
73% of UK CFOs expect worse conditions post Brexit
by Bija Knowles
Brexit pessimism is running high among British CFOs, with three out of four expecting Brexit to lead to worse economic/business conditions in the long term
Regional banks shine in Asia client satisfaction survey
by Bija Knowles
Some relatively small, regional Asian banks fared well in a recent client satisfaction survey of more than 12,000 corporate treasury departments in Asia, while some global banks lagged behind
EBA publishes final guidelines on PSD2 security measures
by Bija Knowles
Guidelines for appropriate security measures to mitigate operational and security risks under PSD2 have been issued by the European Banking Authority
Four EU initiatives to deepen Economic & Monetary Union
by Bija Knowles
Even as the Brexit process progresses to stage two of negotiations, the European Commission is making clear its focus on building and reinforcing its own economic alignment
British industry urges rapid action to avoid ‘no-deal’ Brexit
by Bija Knowles
Walking away from Brexit negotiations would be “an act of gross irresponsibility”, putting jobs at risk while also risking EU-UK data flows, which underpin UK economy
EU banks in better shape – but NPL levels still at historical highs
by Bija Knowles
Further progress is needed on non-performing loans in Europe, according to the latest European Banking Authority report on risks and vulnerabilities in the EU banking sector