3 ways to make treasury a strategic powerhouse
Corporate finance departments no longer operate separately from the rest of the company – increasingly, treasurer’s roles intertwine with the planning, analysis and strategy strands of the business.
Headline News
Commerzbank to pay $1.45 billion fine for breaking US sanctions
Germany’s Commerzbank has admitted illegal conduct and agreed to settle criminal charges in the United States by paying $1.45 billion.
IBM weighs up money-saving move to bitcoin
Tech multinational IBM is exploring ways to implement the blockchain technology that drives bitcoin in order to build a digital cash and payment currency.
Implementing a proactive bank asset-liability management framework: the concept of “Strategic ALM”
Changes to the industry since the crash mean that a revamped ALM industry is more and more necessary - and the biggest shift will see treasurers move from a reactive to a proactive approach, says Professor Moorad Choudhry.
Meet the 8 newest billionaires on the Forbes rich list
Forbes has released its annual list of the world’s billionaires, featuring a number of rising stars whose fortunes seem to have exploded out of nowhere.
TreasuryXpress announced as FIA 2015 headline sponsor
TreasuryXpress, the pioneering TMS Software-as-a-Service provider, has been confirmed as a headline sponsor of the 2015 FinTech Innovation Awards.
Bloomberg launches integrated Treasury and Risk Management Solution – will it be a game changer?
Bloomberg late last year officially announced they are launching their own fully integrated treasury management system, hailed by some as the most interesting industry development in a decade. But will it live up to the hype, asks Corporate Treasury Manager Nels Mortensen.
FX traders are about to start charging you for not fixing fees
Minute-by-minute currency fluctuations mean that treasurers find it hard to predict the best time to buy, but the benchmarking system favoured by banks has got them into hot water for manipulating figures.
Non-executive directors to be held accountable for finance scandals
Senior personnel in the finance world could soon be held personally responsible for their organisation’s failings and regulatory breaches – but newly proposed regulations could see this extended to non-executive board members.
HSBC may face further $1bn in fines - and profits are plummeting
Things aren’t getting any better for UK banking giant HSBC, which may now have to pay out an extra $1bn in fines following last year’s forex scandal and a string of negative revelations.
