Foreign exchange undertaken by corporations has often been dismissed as commoditised product in recent years, but this is now changing. The Editor discusses why and how this is the case with a number of experts. Read more ...
Grupa Żywiec collects around half of its revenues in cash. As this can be expensive and subject to a variety of risks, it was important for the company to have an efficient, cost-effective and risk averse means of collecting, posting and reconciling cash.
Mahindra & Mahindra is a federation of companies with a decentralised approach to treasury management. The author tells about their efforts to standardise the approach to treasury across the group.
Deutsche Bank is reconfiguring its Trade & Cash Solutions Advisory team to adopt a dedicated industry-orientated advisory approach, focusing on four different sectors. Alexander Mutter describes how this has enabled the bank to look at pressing issues in the various industries and how they may …
From a number of perspectives it has become arguably less likely that Credit Rating Agencies (CRAs) will continue to play as significant a role for the money market industry as they done up to this point.
By contrasting rolling hedge programs against “no hedge” and static hedge strategies, we find that rolling strategies result in more stable hedge results over time with lower period to period deviations.
Careful planning and ongoing vigilance are essential in order to gain the benefits of renminbi internationalisation.
The TMI Tax Doctor is designed to look at some of the tax issues associated with treasury globally. This column deals with a UK tax-related question around debt restructuring, and the key tax issues to consider when assessing potential jurisdictions for a group treasury and finance company.