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Ailing Chinese firm left with just two directors – including its missing treasurer – as it battles for survival amid stock plunge, missed interest payments
Partnering with a fintech company can clearly benefit your treasury operations; but if banks fret about risks associated with new technology, so should corporate treasurers. The right due diligence is essential.
HK conglomerate announces a series of finance director changes at subsidiaries. Meanwhile Cathay Pacific, in the spotlight over hedging losses, names a new CEO.
Treasurers and CFOs past and present from the likes of Danone, Kraft Heinz, Wipro Unza and Diageo join CT and Openlink to discuss managing risk in a time of geopolitical turmoil.
Vietnam is implementing a plan to improve and increase non-cash payments by 2020, which will make clearing and settlements, electronic payments, FX inter-bank markets more efficient, treasurers argue.
Corporate treasurers are becoming more open to working and investing into technology startups that can solve specific business issues. Flexible partnerships are now the order of the day, it seems.
Before its stock rout, China Huishan Dairy Holdings was already running on a muddy path, haunted by its weak financial balance.
George Wong, treasurer at Hong Kong Exchanges and Clearing Corporation until December, is joining the Chinese brokerage’s Hong Kong subsidiary.
With a simple tweak to its deposit management, the Indian FMCG has potentially added almost $40,000 to the bottom line.
After the successful launch of its RTC, the CFO of the frozen food company believes the creation of a shared services centre is the next logical step.