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.
Precedent can count for a lot when it comes to treasury practice but just because it’s always been done that way doesn’t mean you can’t shake things up. We look at best practice in working capital management.
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.
A recent survey reveals 64% of Hong Kong CFOs have hired an employee who has not been a good fit with the team. CT looks at ways to avoid this situation.
The RBI will let non-residents participate in the interest rate swap markets, introduce a mandatory loan component in working capital finance and allow rupee 'swaptions'
Automating workaday tasks costs money in the short term and saves money in the long term. Justifying the outlay to a sceptical board must be part of the treasurer’s skill set.
Ex-Berkshire Hathaway man, a fluent mandarin speaker, will take the helm of the firm's finance team aged just 29. He'll help navigate the choppy waters of industry consolidation.
Leasing arrangements have long been an off-balance-sheet bugbear for corporate treasurers. IFRS 16 – which comes into force in 2019 – is intended to change all that.
Cash flow forecasting may be more art than science, but the head of Tata Steel's award-winning team tells CT how treasurers can stack the odds in their favour.
Tariffs are just one of Trump’s weapons to move manufacturing and the global supply chain back to the US. Companies such as Apple could face a potential 40% increase in production costs, Goldman Sachs estimates.