The fundamental question for your CEO: What is your transition plan to reach net zero?
Two sessions at the ACT’s virtual International Treasury Week showed that climate change is the no. 1 problem not the COVID-19 pandemic
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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Financial professionals predict painful recovery
AFP survey predicts the crisis lasting three quarters or more, Gartner data reveals lack of CFO planning for second wave of COVID-19.
Citi show digital channels and increasing digitisation are pivotal in continuity of business
Digital onboarding for Citi’s institutional clients expanded to 37 Countries in all regions and shows working remotely is no barrier
Instant payments to free up liquidity in Denmark
The country's Export Credit Agency and Tradeshift have partnered to unlock liquidity in the supply chain.
UK emergency loan schemes under pressure as new lenders added
Allied Irish Bank, The Co-operative Bank and Starling Bank are to join existing Bounce Back Loan Scheme accredited lenders.
CTMcast - 7 May 2020: State of corporate treasury, Ethical Payments Forum, & treasury systems future
Jack, Ben and Paul Stheeman review CTMfile’s posts over the last week
Treasurers’ liquidity actions suggest dire economic consequences
An AFP survey, underwritten by BMO, finds companies are putting off hiring and capex.
Ethical Payments Foundation targets silo thinking
EPF aims to join up the silos of disconnected expertise for emerging countries
CFOs and treasurers facing business confidence and interest rate pressures
Releases from both Deloitte and Bloomberg highlight the impact the crisis is having on corporates.
Crisis impact on European bank balance sheets revealed
A report from Deutsche Bank shows that banks' balance sheets grew substantially in March.
How financial services firms are confronting COVID-19
Fitch has assessed the downside scenario for global FIs, while a Deloitte survey shows how firms are learning from the pandemic.
Industry roundup: 4 May
News in brief covering a spike in corporate ransomware payments, the new EU-Mexico trade agreement, and more.
Rise in cybercrime as fraudsters exploit COVID-19
Microsoft and Temenos are the latest to try and address the spike in financial crime.
Boeing’s actions highlight severity of aviation cash and liquidity turbulence
The company's termination of Embraer joint ventures has reduced its cash needs at a critical time.
COVID-19 cyber and ESG implications for corporates
The employee factor looms large for companies in the fallout from the pandemic crisis.
Protecting cash flow and payments during COVID-19
A blog from the ECB looks at how to support electronic payments, provision of banknotes, market infrastructures and cyber defences.
Card companies build on initial COVID-19 response
Mastercard and American Express have come out with new initiatives in the past week.
US economic indicators reveal initial COVID-19 impact
Data from Citizens Commercial Banking and U.S. Bank shows the early tumult caused by the pandemic.
Industry roundup: 28 April
News in brief featuring Volante Technologies, RBC, and the British Business Bank.
Treasurers not expecting financial normalcy until early 2021
Global Crisis Monitor from Treasury Coalition also shows some reasons for optimism from treasurers.
The new working practices revolution due to COVID-19
What senior managers and CIOs need to do to adapt to the new normal
CFOs preparing for revenue decline as unparalleled global recession underway
Fitch Ratings has slashed its global GDP forecasts, while a Gartner poll reveals the COVID-19 toll on corporates.
Report assesses initial US bank performance in the corona crisis
The report from Deutsche Bank Research suggests the current crisis may pose a greater threat to European banks than those in the US.
CTMcast - 23 April 2020: How corporate treasury is going back to basics
Jack and Ben review last two week’s posts and discussions
COVID-19 links
Fitch: Coronavirus Impact Research Highlights
CTMcast
CTMcast - 21 May 2020: Business models, increased automation, FX risk, global trade, & climate change
Jack, Ben and Nick Franck review CTMfile’s posts over two last weeks