Most central banks now developing a digital currency – Industry roundup: 24 April
by Graham Buck
Hong Kong help for SMEs; Commerzbank fined €1.45m for AML breaches; Standard Chartered builds on aXess; Citi sells maple bonds
Global Cash & Liquidity Management
Background
Comprehensive, coherent strategies to optimise global cash and liquidity management are relatively easy to develop, the difficult part is the implementation and ensuring that they are cost-effective.…
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Supply chain shocks “impact emerging nations more” – Industry roundup: 23 April
by Graham Buck
Cash flow crunch for Australian SMEs; Italy prepared for EU budget rules; India's farmers get e-rupee payments; New Zealand consults on CBDCs
US inflation data dashes rate cut hopes – Industry roundup: 11 April
by Graham Buck
CHIPS migrates to ISO 20022 messaging; IMF sees productivity crimping growth; Fitch's China downgrade riles Beijing; Pension fund giants partner
Microsoft and OpenAI commit US$100 billion to supercomputer – Industry roundup: 2 April
by Graham Buck
Turkish lira firms after election upset; India's FAR bonds attract investors; US and Mexico partner on semiconductors; Jakarta gets designated status
Swift plans new CBDC platform by 2026 – Industry roundup: 26 March
by Graham Buck
China woos foreign investors; Boardroom reshuffle at Boeing; Bombardier raises US$750m via junk bond; More central banks shift rate policy
Deloitte restructures amid dealmaking drought – Industry roundup: 19 March
by Graham Buck
Japan agrees first rate hike since 2007; Unilever loses taste for ice cream; M&S plans new deal with HSBC; EU progresses on supply chain law
Japan nears end of negative interest rates era – Industry roundup: 12 March
by Graham Buck
Egypt’s inflation jumps to 35.7%; India signs US$100bn free trade deal; NatWest to exit BNPL market; Inditex investors seek supply chain transparency
Nigeria hikes rates to support currency – Industry roundup: 29 February
by Graham Buck
US economy ends 2023 on a high; Deutsche updates sustainable investment guide; Verizon completes sixth green bond; Action plan on plastic pollution
Germany sees its economy on hold this year – Industry roundup: 22 February
by Graham Buck
China charge mars HSBC results; MCR buys London's BT Tower; Russia economy avoids disaster; Brazil ready for green FX hedging
US recession no longer in prospect, says Deutsche Bank – Industry roundup: 8 February
by Graham Buck
China reports deflation last month; India keeps rates on hold; Revived fortunes for two Italian banks; ADB trade aid for Cambodia
OECD revises up 2024 global growth to 2.9% – Industry roundup: 6 February
by Graham Buck
Central bank updates from Australia, Turkey and Nigeria; Germany's trade volumes fall; Standard Bank launches Lyra Energy
Fed not yet ready to cut US interest rates – Industry roundup: 1 February
by Graham Buck
Hapag-Lloyd CEO warns on Red Sea crisis; Japan gives US$20bn for green hydrogen; UAE cross-border CBDC payment; YouLend unlocks £4bn for SMEs
India “beats China as supply chain base for US firms” – Industry roundup: 25 January
by Graham Buck
Turkey in "final" rate hike to 45%; German business morale sinks further; Mastercard fund for Europe's SMEs; BNP Paribas launches UK fintech incubator
Davos summit opens with jobs warning from AI – Industry roundup: 16 January
by Graham Buck
China keeps rates unchanged; Germany's GDP shrank in 2023; Study assesses bank valuations; CBDCs "could undermine dollar"
US gives the green light for 11 bitcoin ETFs – Industry roundup: 11 January
by Graham Buck
WEF's main worry is misinformation; UAE bucks slump in fintech funding; SAP pays US$222m to settle bribery charges; Revolut platform ready to roll
World is moving into a new super cycle, says Goldman analyst – Industry roundup: 9 January
by Graham Buck
Deloitte staff get AI chatbot; Banco de España chooses CBDC partners; South Africa's power shortages worsen; Citi plans China investment bank unit
India to become world’s third US$10 trillion economy by 2035, report predicts – Industry roundup: 27 December
by Graham Buck
Maersk resumes Red Sea shipments; Clothing sustainability drive in Ireland; France fossil fuels ruling to hit ESG funds; Lidl UK CFO departs
Eurozone enters its first post-pandemic recession – Industry roundup: 12 December
by Graham Buck
EBRD outlines approach to nature; Five countries back nuclear supply chain; UK open banking procurement network; Goldman expects US rate cuts in 2024
Hong Kong and Thailand link rapid payment systems – Industry roundup: 5 December
by Graham Buck
Gold set to remain at record highs; Chase tipped as new Apple Card partner; US call for cash flow accuracy; Qataris halve stake in Barclays
Turkey’s central bank set for further rate hike – Industry roundup: 23 November
by Graham Buck
Europe's gas supplies vulnerable; Eurozone banks "show signs of stress"; Canada plans 2024 open banking push; UK growth to remain tepid
Argentina set for economic shake-up under Javier Milei – Industry roundup: 21 November
by Graham Buck
China keeps rates on hold; Support for Bank of Israel chief; World Bank commits US$12bn to Kenya; Apple Pay adds open banking in UK
IMF chief Georgieva sees CBDCs replacing cash over time – Industry roundup: 16 November
by Graham Buck
Japan's negative rates may end in 2024; SAP: Europe to up sustainability spend; EBRD urges €4bn capital increase; Mastercard, NEC pair on biometrics
China’s Belt and Road initiative marks first 10 years – Industry roundup: 17 October
by Graham Buck
Israel's banks offer financial relief; RBA sees tokenised asset savings; South Korea fines for naked shorting; Industrial park promotes digital yuan
Hong Kong aims to revive status as financial hub – Industry roundup: 12 October
by Graham Buck
Bank of Israel head to stay on; UK economy sees modest growth; China agrees Sri Lanka debt deal; Nigeria defends the eNaira