Europe’s elevated financial stability risks
by Ben Poole
An ECB review has found the uneven economic impact of pandemic implies risks are concentrated in specific sectors and countries.
COVID-19
Background
The COVID-19 coronavirus pandemic has triggered the biggest global financial crisis in over a decade. In the financial services world, it has caused regulatory deadlines to be pushed back, while the…
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CTMcast - 14 May 2021: Treasury salaries, digital currencies, business resilience, and sustainable finance
by Jack Large
May 14 CTMcast focuses on major topics and their impact our personal and global lives
58% of UK companies back pace of lockdown easing
by Ben Poole
Lloyds Bank research found 66% of companies say they can now operate at close to full capacity with the latest restrictions lifted.
Corporates still facing forecasting challenges
by Ben Poole
The pandemic has uncovered weaknesses in forecasting processes, a Deloitte poll has found.
What is the role of corporate treasury? Was it ready for the pandemic?
by Jack Large
Questions and lessons from ACT Cash Management Conference 2021
Working from home: one year on
by Ben Poole
Remote working has been the reality for many of us for almost a year now. Financial services firms are catering to this in interesting ways.
Wake up to long-term risks!
by Ben Poole
COVID-19 is increasing disparities and social fragmentation, which will threaten the economy and weaken geopolitical stability, a WEF report finds.
US business owners remained resilient in challenging year
by Ben Poole
Despite a cautious near-term outlook, BofA research finds entrepreneurs anticipate a strong environment post-pandemic.
Basel oversight body approves COVID immunisation plan for banking system
by Ben Poole
GHOS commits to ongoing coordinated approach to mitigate pandemic risks to the global banking system.
COVID impact on corporate pension schemes scrutinised
by Ben Poole
Summer easing of lockdown saw partial improvement in support for FTSE 350 pension schemes in the UK.
Assessing the post COVID-19 banking industry
by Ben Poole
Banks around the world are being forced to reassess traditional products, strategies and business models.
COVID-19 forces a historic surge in corporate tech investment
by Ben Poole
Companies spent around US$15bn extra a week on technology during the pandemic’s first wave, but the huge surge in IT spend isn’t sustainable.
Australian corporates pin survival on disruptive technology
by Ben Poole
As KPMG and HFS research shows accelerating digital transformation, the flash CBA Purchasing Managers’ Index reveals business activity has regressed.
Oil prices and COVID-19 blamed as ABN Amro retreats to core business
by Ben Poole
The bank has discontinued all trade and commodity finance activities following a €5m net loss in Q2 2020.
The slow recovery of US business spend sentiment
by Ben Poole
The Coupa Business Spend Index Q3 outlook shows early signs of business resilience amid economic downturn.
ICC Trade Register – market trends in trade finance from COVID-19 and beyond
by David Bischof , Deputy Director, Finance for Development, International Chamber of Commerce
The ICC Trade Register shows that that trade finance products present banks with exceptionally low levels of credit risk
UK businesses battered by COVID-19
by Ben Poole
Two new reports reveal that UK companies have felt a stronger impact from COVID-19 than companies globally.
CFOs anticipate a slow recovery as COVID-19 weighs on risk appetite
by Ben Poole
Deloitte's latest CFO Survey finds two-thirds expect capex to decrease in the next three years due to the COVID-19 pandemic or Brexit.
FTSE 350 companies issue record levels of profit warnings
by Ben Poole
33% of the UK’s listed companies issued a profit warning in the first half of 2020, according to an EY report.
Asian corporates prioritise operational agility and flexibility in post COVID-19 world
by Ben Poole
A Standard Chartered survey finds 70% of mid-size firms prioritise operations on the road to recovery.
COVID-19 has companies turning to bank deposits
by Ben Poole
The 2020 AFP Liquidity Survey finds financial professionals unsurprisingly prioritising safety as they brace for uncertain times ahead.
Businesses divided on implications of COVID-19 crisis for company ethics
by Ben Poole
90% believe that disruption, as a result of COVID-19, poses a risk to ethical business conduct.
Extent of UK COVID-19 business support revealed
by Ben Poole
Through schemes such as CCFF and CBILS, lenders have pumped billions of pounds into UK businesses.
CFOs optimistic on safety as lockdowns lift
by Ben Poole
As work sites slowly start to reopen, a PwC survey finds CFOs optimistic they can keep customers and employees safe.
COVID-19 links
Fitch: Coronavirus Impact Research Highlights
CTMcast
OpenTreasury #3: Trending News on FX Datasets, Cyber Attack Survival & Dark Data
New FX dataset services from CLS, SWIFT’s plans to transform to a transaction platform and to adopt and enforce global API standards, and dark data