In times of stress, get back to the cash management basics, think smart and don't forget to be good to your suppliers. We review all the expert advice from the street
Corporate treasurers are always looking for new ways of sourcing funding. Seabury and Refinitiv have teamed up to make it easier with a product called Receivables Board
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.
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.
Kaushik Shaparia, Deutsche Bank’s Asia-Pacific head of trade finance and cash management for corporates, tells CT what the bank’s new CEO and strategy means for his patch.
Basel III proposals requiring banks to report intra-day liquidity will severely stifle correspondent relationships, but the infrastructure could be valuable to companies.