Given EM’s increased dependency on FX debt, the world is in dire of need of the restructuring tools to deal with the potential fallout from rate tightening, Bank of Thailand chief warns.
Since the 2008 financial crisis, the hotel business has picked itself up from an unpleasant slump. But the industry is coming under pressure from multiple sources.
Cash pooling, FX and interest rate hedging are to be spared the tax rod after the US Treasury reportedly agreed to create a safe harbour for these activities.
Investment in financial technology companies has blown through the roof, but can these firms change the face of banking? A panel of experts discuss the challenges.
Suppliers to the world’s largest companies are starved of crucial credit lines while banks watch on the sidelines. Financial innovation is making a difference, but corporate treasurers must play a role too.
Due to regulatory requirements, banks are keen to promote repos to cash-rich corporates. They certainly offer a different risk return profile, but it is questionable how appetising the product is.