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.
Belgian multinational Solvay reveals how it made pooling work — while another treasurer tells how his company fell foul of a policy change. Both agree keeping regulators onside is key.
Treasurers have a duty to keep tax costs down—and often use complicated structures to do so—but where do they draw the line? A fresh report reveals the common structures used by aged care providers to reduce tax.
CFO tells CT how he used a cross-currency swap to cut the effective interest rate on long-term bonds from 4.7% to 2.2%. He also discusses reducing the number of bank relationships
With an estimated $14 trillion in debt lurking off non-bank balance sheets, is it time to put FX-related debt back onto balance sheets? Corporates are likely to disagree.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.