Reverse factoring, is it a form of supply chain finance or simply a way to hide indebtedness and strongarm suppliers? CT looks at the latest problems with the practice
In distress situations, companies often seek creative ways to stretch their liquidity – and structured payables are gaining popularity. But be careful, these programmes can quickly turn your payables into debt.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
Basel III proposals requiring banks to report intra-day liquidity will severely stifle correspondent relationships, but the infrastructure could be valuable to companies.