While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
With an estimated $14 trillion in debt lurking off non-bank balance sheets, is it time to put FX-related debt back onto balance sheets? Corporates are likely to disagree.
Finance ministers and central bankers from the G20 group have promised to give each other a heads-up on actions that could trigger major devaluations of their currencies.