Further volatility expected for commodities – Industry roundup: 5 July
by Graham Buck
Ireland "vulnerable" on corporate tax; Caution sees corporate fundraising slip; Three Arrows Capital saga continues; Australia hikes rate a third time
FX Management & Crypto
Background
According to the latest Bank for International Settlements (BIS) survey of foreign exchange volumes, in 2013, almost $5.3 trillion in currencies globally are traded daily. The increasing…
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EU agrees regulation of crypto assets – Industry roundup: 4 July
by Graham Buck
Italy’s borrowing costs rise; European corporate bond distress; BIS softer stance on Bitcoin; Vauld suspends trading
Leveraged banks endure severe stress scenario – Industry roundup: 01 July
by Monica Zangerle , Writer, CTMfile
BNP Paribas exits the commodity finance business, leveraged banks endure severe stress scenario, Sanctioned Russia provides opportunities.
Pandemic boosted digital payments, says World Bank – Industry roundup: 30 June
by Graham Buck
China seeks longer yuan trading hours, Diageo, Michelin join Russia exodus, Celent on ISO20022 speed bumps, Tencent joins the metaverse.
Walgreens withdraws from £5 billion Boots sale – Industry roundup: 29 June
by Monica Zangerle , Writer, CTMfile
Walgreens Boots sale, Malaysia RTP, crypto still alive, Deloitte.
BIS cautions on higher interest rate fallout – Industry roundup: 28 June
by Graham Buck
KPMG launches metaverse platform for staff, Liquidity boost for Saudi banks, Forex hedging costs hit Korea insurers, Suncorp mulls sale of banking arm
$200 billion investment on world infrastructure – Industry roundup: 27 June
by Monica Zangerle , Writer, CTMfile
Mars profits, OCC discussions on cryptocurrency, NYDIG, renminbi liquidity plan, Russia default by sanctions.
Neobanks signs of failure – Industry roundup: 24 June
by Monica Zangerle , Writer, CTMfile
9.9% stake in NBFC, non-bank credit lines for fintech, Qatar Central Bank.
Open banking for larger audience – Industry roundup: 22 June
by Kylene Casanova
Kellogg’s split, open banking and anti-fraud, BIS to urge CBDCs, $250 million revolving credit deal, French fintech raises US $3M.
Yellen confident of global unity on corporate tax – Industry roundup: 21 June
by Graham Buck
India to scale-up SWIFT alternative; UK plans buy-now-pay-later rules; Bangladesh considers CBDCs; EU standards for green bonds queried
Chain reaction as Bitcoin drops below $20k – Industry roundup: 20 June
by Kylene Casanova
As Bitcoin battled to hold above a crucial level on Monday, the cryptocurrency market was on edge
$900 million blunder could worsen – Industry roundup: 17 June
by Kylene Casanova
Citigroup's payment error to Revlon Inc. lenders surfaced in the cosmetics giant's bankruptcy in less than a day.
Disruptive and damaging cyberattacks - TREASURY NEWS - OpenTreasury Podcast #39
by Kylene Casanova
Podcast reviewing the latest treasury news and developments.
ISO 20022: preparing for staggered implementation – Industry roundup: 16 June
by Graham Buck
Bank of England hikes rates by 0.25%; DHL sees continuing supply chain problems; Crypto concerns hit Three Arrow Capital; Cyber insurers hike rates
Bank deposits, short-term investments – Industry roundup: 15 June
by Kylene Casanova
A typical organization currently keeps 55% of its short-term investments in bank deposits, the highest figure since 2016.
Binance temporarily pauses Bitcoin withdrawals – Industry roundup: 14 June
by Graham Buck
Jamaica moves ahead with CBDC; UK trade finance bank launches; Standard Chartered extends China range; Modulr-Ripple extends partnership to Remessa
Inflation at 8.6%, more Fed rate hikes anticipated – Industry roundup: 13 June
by Kylene Casanova
The Fed's policy-making committee is expected to announce a half-point rate hike, bringing the benchmark rate to 1.5 percent.
European Central Bank rate hikes – Industry roundup: 10 June
by Kylene Casanova
Apple bypasses banks, Credit Suisse, Kushki, raises $100 million, Pay by link.
Quantitative tightening era underway in US - TREASURY NEWS - OpenTreasury Podcast #37
by Kylene Casanova
Anthony Carfang of The Carfang Group joins Pushpendra Mehta and Craig Jeffery to review the latest treasury news and developments.
US regulatory progress for crypto – Industry roundup: 9 June
by Graham Buck
US Treasury ban on Russian debt; Bridgewater bearish on corporate bonds; Citi adds to Asia and tech teams; Reserve Bank of Australia rate hike
Widening sanctions hit Russia’s debt servicing – Industry roundup: 7 June
by Graham Buck
India buys more cheap Russian oil; we.trade platform faces insolvency; Singapore Trade Data Exchange launches; Crypto advances in Dubai
Potential insolvency – Industry roundup: 6 June
by Kylene Casanova
Neobank, Varo, Switzerland amends liquidity rules, Japan's Stablecoin Act, JP Morgan and fintech OmniLatam alliance.
Shanghai reopens - TREASURY NEWS - OpenTreasury Podcast #36
by Kylene Casanova
Weekly news coverage including: China’s reopening, Germany confirming cryptocurrencies tax free, ECB warning..
Limits seen to RMB internationalisation – Industry roundup: 2 June
by Graham Buck
Russia central bank rumblings; Deutsche Bank's DWS in greenwash probe; QT era underway in the US; India set for 7.5% GDP growth