Citi adds digital SWIFT gpi case resolution tool
by Ben Poole
Citi Service Insights has launched on the bank's CitiDirect BE portal.
Operational Risk Management
Background
The basic purpose of the corporate treasury department is to ensure that there is sufficient cash available for the company to operate, and that interest rate and foreign exchange risks are…
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Business confidence surges to one-year high
by Ben Poole
UK firms are feeling more positive as vaccine rollout and easing of lockdown restrictions start to impact the real economy.
55% of firms missing 2050 net-zero emissions goal
by Ben Poole
Research from Standard Chartered suggests a lack of finance is hampering corporate efforts to go carbon neutral.
91% of UK CEOs concerned about cyber threats
by Ben Poole
PwC research also found 67% of UK CEOs plan to increase long-term investment in cybersecurity and data privacy as a result of COVID.
90% of Asia-Pacific C-suites see M&A growth opportunities ahead
by Ben Poole
With Asia-Pacific M&A intentions at their highest since 2017, most C-suites think the region will enable significant growth over the next three years.
Digital ‘masters of change’ will define the future
by Ben Poole
Accenture Technology Vision 2021 suggests that leadership is critical as every business becomes a technology business.
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.
Uncovering hidden risks in pension funds
by Ben Poole
New reports find FX costs and carbon emissions associated with funds are going untracked.
Corporates accelerating adoption of cyber defences
by Ben Poole
Firms fight back against pandemic-driven fraud increases with automation and accountability.
European corporates bear the brunt of US$9.82bn FX losses
by Ben Poole
Kyriba’s Currency Impact Report shows FX impacts on European companies increased by 126% in Q3 2020; decreased by 84% for those in North America.
Beyond Brexit: future of financial services in the UK
by Ben Poole
A majority of global financial services firms don't plan to alter their presence in the UK post-Brexit, while 27% plan expansion in Britain.
Cybersecurity solutions to stop the fraudsters
by Ben Poole
Mastercard is the latest to upgrade its cyber offerings for businesses.
Bank of England outlines Brexit payment risks
by Ben Poole
The BoE's Financial Stability Report for December 2020 notes the additional information required for SEPA payments between the UK and EU.
UK firms grapple with Brexit trade reality
by Ben Poole
With the Brexit transition period ending in 23 days, research from both Lloyds Bank and HSBC explores the trade prospects for UK corporates.
How to wipe out UK’s £190bn corporate pension fund deficit
by Ben Poole
Research from PwC shows that a new approach to funding and investment could help firms eliminate the defined benefit pension deficit.
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.
Volatility stifles significant growth in US business confidence
by Ben Poole
A Citizens index shows steady economic improvement, while The CFO Survey predicts employment and revenues to remain below pre-COVID levels until 2021.
Cybersecurity and fraud detection in the COVID-19 age
by Ben Poole
A recent SWIFT webinar explored how technology and awareness can help defend against payment fraud.
Business growth remains top priority for insurance CFOs
by Ben Poole
Data taken from an EY survey of CFOs across UK insurers shows COVID-19 hasn't hindered growth plans.
Northern Trust market forecast calls for 2.6% global growth
by Ben Poole
The firm's Capital Market Assumptions Five-Year Outlook predicts rates and inflation to remain low, stock returns in the 3.8-8.2% range.
UK business confidence rising, but remains negative overall
by Ben Poole
Business confidence rose for the third month in a row in the latest Lloyds Bank Business Barometer.
Finance function increases prominence in measuring organisational performance
by Ben Poole
A report from PwC and the ACCA has found the use of finance insights to evaluate organisational performance is on the up.
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.
Major banks continue ESG momentum
by Ben Poole
Both Citi and HSBC have recently announced strategic solutions to tackle climate risk.