Asia regional treasurer of General Mills Christopher Emslie tells CT why it ignored the bad press to choose troubled German bank DB for its cash and liquidity management offering
The Japanese company plans to reduce its reliance on bank loans by borrowing from subsidiaries with ample cash in a bid to raise $1.8bln of its $2.7bln funding needs.
Thailand’s petroleum giant tells CT how it centralised cash and liquidity management to cut down its minimal working capital requirement and support more investments.