The two co-heads of global transaction banking at UniCredit discuss the challenges faced by treasurers every day. Read more ...
The collapse of the US property market in 2007-8 had major implications for the construction firm Lennox. It made the improvement of accounts receivable performance a top priority, whilst also enhancing customer relations and developing a closer dialogue with higher-risk customers.
Despite the bad press over securitisation as a whole during the financial turmoil, trade receivables securitisation (TRS) has actually fared relatively well compared with other securitised asset classes.
The survey polled 452 businesses around the world and found that half of the respondents will employ a hedging strategy in 2014, with more than a third (35%) expecting to hedge more than they did in 2013.
By freeing treasury and finance teams from their desks, simplify banking transactions and make business data richer and more accessible, the roadmap is drawn for smarter and more efficient companies.
At the most fundamental level transparency is simply openness about what a fund is holding and how it operates. IMMFA's Secretary General outlines the progress made - and obstacles still remaining.
SEPA brings both challenges and opportunities. While some of the theoretical advantages, such as reducing bank relationships, may be less realistic for some companies than others, this should not obscure the genuine advantages that SEPA can offer to multinational businesses.
Over the last couple of year the role of the treasurer has evolved from risk management and 'execution' to being a partner to the business and very much a part of strategic decision-making.
With a steadier pace of economic growth facilitating longer-term business strategies, and greater opportunities for cash and liquidity management than ever before, treasurers that have not yet reviewed their China policies and processes in detail - including use of RMB - should now be doing so.
We take an in-depth look at hedging with options and forwards, the journal entries relating to hedge accounting under IFRS 9, alternatives to hedge accounting and transition and disclosure requirements.
Treasury Management International showcases topical, pragmatic solutions and strategic insights on treasury, cash management, foreign exchange and other issues affecting treasury and financial professionals, together with treasury and finance news, education and opinion. With real-life treasury management experiences and case studies at its core, TMI provides valuable material for all practitioners - from experienced treasurers and CFOs to those new to the profession.
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