Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
As cash-strapped banks offer high rates for long-term deposits, a wise treasurer tell CT he's sticking to one-month deposits. After all, rates can only go up as liquidity is squeezed further.
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
New renminbi rules will reduce the cost and risk of hedging, to the benefit of treasurers. China’s regulator is making the changes to slow the currency’s appreciation.
Jerome Tan, CFO of IMI explains how to manage a successful overseas acquisition, and how to conduct effective due diligence, and prevent unnecessary tax exposure.