As the Philippine central bank seals its first deals under a new cross-border framework, doubts remain as to whether treasurers will benefit as banks struggle with ingrained differences between the region's markets.
An MNC can now enter hedging agreements in India, but it will have to process the instruments via a tri-partite agreement with an Indian bank, the MNC's Indian subsidiary and its own treasury function.
The US will be given the time it needs to settle its position before Basel III rules are finalised, a Deutsche Bundesbank official says. Meanwhile in Asia, the rules' effects are already being felt by CFOs.
Prime Minister Theresa May will put into motion the official process for Britain’s withdrawal from the EU on Wednesday, March 29. The pound will remain under pressure but won’t plummet again, experts predict.
Suppliers should consider offering dynamic discounts to give both themselves and their customers more options to manage working capital. This need not be conducted through traditional bank platforms delegates at CT ...