Global Finance

OCTOBER 21, 2024

Long-term guaranteed fixed rates allow corporate treasuries to enhance financial stability, optimize liquidity, and align cash management practices with overall corporate strategy. BofA launched Guaranteed FX Rates beyond a 24-hour period eight years ago, supporting over 200 currency pairs.

Cash Flow Forecasting 111

Cash Flow Forecasting Treasury Forecasting Cash Management 111

PYMNTS

JUNE 15, 2020

GTreasury , a treasury management system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release. Joining forces with Goldman Sachs makes it simpler, more transparent, and more economic for customers to make payments.”.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

CFO News Room

FEBRUARY 6, 2022

The majority of the national debt is issued in the form of government bonds, known as Treasuries. Some worry that excessive government debt levels can impact economic stability with ramifications for the strength of the currency in trade, economic growth, and unemployment. seen debt levels trend down in a material manner.

Treasury 130

Treasury Budgeting Economics Securities 130

PYMNTS

AUGUST 3, 2020

“Being the world’s reserve currency, naturally regulators are going to take more time. Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. As a whole, the U.S. “The U.S. ” Coexisting Systems.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

DECEMBER 29, 2019

Ghana is looking to drop its currency, the cedi, to join the new West African currency called “eco,” anticipated to replace the CFA franc as early as 2020, Reuters reported. Ghana is not part of the West African Economic and Monetary Union (UEMOA), which is largely comprised of former French colonies.

Currencies 53

Currencies Treasury Economics Planning 53

Global Finance

SEPTEMBER 9, 2024

Corporate treasury professionals are reassessing investment strategies to stay agile and conserve cash amid interest rate shifts and geopolitical uncertainty. A sense of nervousness amid ongoing global disruption pervades strategic thinking across global treasury functions.

Mergers and Acquisitions (M&A) 105

Mergers and Acquisitions (M&A) Treasury Currencies Finance 105

CFO News Room

JANUARY 14, 2023

There are three possible explanations for the divergence: Short term versus Long term : The consumer survey extracts an expectation of inflation in the near term, whereas the treasury markets are providing a longer term perspective, since I am using ten-year rates to derive the market-implied inflation.

Treasury 130

Treasury Economics Investments Marketing 130

Musings on Markets

AUGUST 15, 2023

I was reminded of that paper a few weeks ago, when Fitch downgraded the US, from AAA to AA+, a relatively minor shift, but one with significant psychological consequences for investors in the largest economy in the world, whose currency still dominates global transactions. For an investment to be risk free then, it has to meet two conditions.

Investments 98

Investments Currencies Treasury Hurdle Rate 98

PYMNTS

JUNE 27, 2018

Studies also show that most executives agree their top challenge is market volatility and the struggle to determine when — and how — to hedge currency risk. Corporates should be proactively looking at currency risk,” added Frey. Even if a business only deals in USD, fluctuations of other currencies create risk.

Currencies 53

Currencies Foreign Exchange Risk Management Profit and Loss 53

CFO News Room

FEBRUARY 4, 2022

Treasury yield, which helps set borrowing costs on everything from mortgages to corporate loans, settled at 1.930%, its highest close since December 2019. The 10-year Treasury yield, which often climbs when investors expect longer-term growth and inflation, reversed an early descent immediately after the report.

Benchmarking 130

Benchmarking Treasury Economics Banking 130

Global Finance

JULY 26, 2024

A fragmented regulatory environment, uneven access to financial services, a shallow pool of readily available funds, and currency controls and limitations in some African markets can lead to trapped cash. A specialist banking partner will help provide and support an effective treasury model to help make the most of the opportunities.

Cash Management 52

Cash Management Treasury Reconciliations Currencies 52

Global Finance

MARCH 5, 2025

The US Treasury, the European Union, and the intergovernmental Financial Action Task Force (FATF) have deemed certain markets high risk, making operations more costly. The Caribbean is finding its own potential solution in central-bank stable coins, such as the Eastern Caribbean digital currency DCash.

Banking 52

Banking Compliance Treasury Finance 52

PYMNTS

APRIL 24, 2020

Treasury ordered public companies to return Paycheck Protection Program (PPP) loans. China is the first country to launch a central bank digital currency (CBDC) or digital currency electronic payment (DCEP). Treasury Directs Public Firms To Return Small Business PPP Money. chains Starbucks, Subway and McDonald’s.

Treasury 58

Treasury Prioritization Currencies eCommerce 58

PYMNTS

MAY 22, 2020

This decline in economic activity has tightened cash flows for businesses and consumers alike. This has broadened the ECB’s real-time banking reach to 30 countries and more than 3,800 FIs, setting the stage for countries that transact in different currencies to join the network in the future.”. Problem No.

Treasury 137

Treasury B2B Currencies Banking 137

CFO News Room

JANUARY 9, 2023

There is a market-based estimate of inflation that comes from the US treasury market, where a comparison of yields on a treasury bond with that on a inflation-protected treasury bond of equivalent maturity provides a measure of expected inflation.

Treasury 130

Treasury Currencies Valuation Forecasting 130

Simply Treasury

JUNE 3, 2021

The accounting treatment of currency hedging (timing) mismatches remains a major problem that has become more acute in the wake of the health crisis. When payments were in foreign currencies, this may have affected their results because of currency hedging. Delay in FX hedging, accounting treatment.

IFRS 130

IFRS Foreign Exchange Currencies Profit and Loss 130

PYMNTS

OCTOBER 22, 2020

The pandemic’s ongoing economic impact has naturally raised the stakes for effective and efficient cross-border payments, according to Shreya Fatehpuria , inter-company and foreign exchange (FX) payments leader at GE. The average global company works with at least six banks and 40 percent of them make payments in at least six currencies.

Healthcare 98

Healthcare Treasury Foreign Exchange Economics 98

PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. Earlier this year Citi said it would be preparing for an uptick in corporate banking operations despite concerns about an economic slowdown.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

CFO News Room

JANUARY 11, 2023

Country Risk: Currency and Cost of Capital. In my last post, I noted that concerns about inflation have played a big role in pushing up the US ten-year treasury bond rate from 1.51% on Jan 1, 2022, to 3.02% on June 30, 2022.

Marketing 130

Marketing Currencies Valuation Treasury 130

CFO News Room

JANUARY 17, 2023

As the world’s attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 130

Economics Valuation Treasury Forecasting 130

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

Musings on Markets

MAY 6, 2022

There are three possible explanations for the divergence: Short term versus Long term : The consumer survey extracts an expectation of inflation in the near term, whereas the treasury markets are providing a longer term perspective, since I am using ten-year rates to derive the market-implied inflation.

Treasury 102

Treasury Economics Investments Marketing 102

Global Finance

JULY 26, 2024

Companies operating in Central and Eastern Europe (CEE) continue to face unique challenges when it comes to cash management, due to a mix of economic development and regional variations. Citi continued its focus on intelligent pooling solutions in 2023 with the market expansion of cross-currency sweeps in CEE.

Cash Management 52

Cash Management Treasury Currencies Banking 52

Musings on Markets

JANUARY 27, 2021

In my last post , I described the wild ride that the price of risk took in 2020, with equity risk premiums and default spreads initially sky rocketing, as the virus led to global economic shutdowns, and then just as abruptly dropping back to pre-crisis levels over the course of the year. Currencies : A currency serves three functions.

Currencies 52

Currencies Investments Marketing Treasury 52

Treasury Talent

JULY 26, 2021

? ?. Today’s episode is a monthly economic forecast for Treasurers from our regular guest, Michael Braude. Updates on the currency markets. . The post Michael Braude – Economic Update Monthly #23 | Episode 192 appeared first on Treasury Talent. In this episode we discuss: . Current movements in the bond markets. .

Economics 40

Economics Treasury Forecasting Currencies 40

Musings on Markets

JULY 17, 2023

In my third post at the start of 2023, I looked at US treasuries, the long-touted haven of safety for investors. In 2022, they were in the eye on the storm, with the ten-year US treasury bond depreciating in price by more than 19% during the year, the worst year for US treasury returns in a century.

Marketing 98

Marketing Treasury Currencies Valuation 98

CFO News Room

NOVEMBER 13, 2022

The G-7 plans are likely to send oil prices higher (despite US Treasury Secretary Janet Yellen claiming the opposite ) and reduce tanker availability, both of which will threaten India’s energy security and hurt its economy as India is the third-largest consumer and importer of oil worldwide. Source link.

Transportation 130

Transportation Economics Currencies Treasury 130

Musings on Markets

JULY 13, 2022

Country Risk: Currency and Cost of Capital As a final part to this post, to see the shifts in country risk that we have seen in 2022, let’s start with an assessment of risk free rates. That increase in interest rates is not restricted to the US dollar, as local currency government bond rates have risen around the world.

Currencies 102

Currencies Economics Valuation Treasury 102

Musings on Markets

SEPTEMBER 27, 2022

There is a market-based estimate of inflation that comes from the US treasury market, where a comparison of yields on a treasury bond with that on a inflation-protected treasury bond of equivalent maturity provides a measure of expected inflation.

Treasury 97

Treasury Valuation Currencies Forecasting 97

PYMNTS

SEPTEMBER 22, 2020

MicroStrategy was reportedly the first public firm to invest most of its treasury in the cryptocurrency in the summer, according to Bloomberg. Saylor said per the report, “Once the real yield on our treasury got to more than negative 10 percent, we realized that everything we are doing on P&L is irrelevant.”.

Treasury 68

Treasury Forecasting Currencies Economics 68

Global Finance

OCTOBER 11, 2024

trillion in extended credit and new capital for its consumer and institutional clients while moving $10 trillion in over 120 currencies daily. in 2022, according to the International Monetary Fund’s July World Economic Outlook 2024. Industry leadership, advancements in digitalization and corporate citizenship also factored in.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

Musings on Markets

MARCH 19, 2022

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. Ukraine, a part of the Soviet Union, has had its shares of ups and downs, and its economic footprint is even smaller.

Economics 100

Economics Valuation Treasury Forecasting 100

PYMNTS

OCTOBER 19, 2016

The CFOs and treasurers throughout the globe are popping their bubbles when it comes to economic outlook. According to “ Managing Risk in Challenging Economic Times ,” released earlier this month, the majority of CFOs admit that they struggle to stay on top of how quickly the macroeconomic environment is changing.

Treasury 70

Treasury Prioritization Economics Leadership 70

PYMNTS

DECEMBER 10, 2019

Members of the Governing Council anticipate informal discussions about digital currency, which will take place ahead of a Thursday (Dec. When she led the International Monetary Fund, she said it could uphold public goals like economic cooperation and payment anonymity. dollar as the international reserve currency.

Banking 54

Banking Currencies Treasury Economics 54

PYMNTS

AUGUST 3, 2020

He will be responsible for managing more than 50 percent of Citi’s deposits across all regions and geographies, covering one of the most extensive, multi-currency, market leading liquidity product capabilities. Most recently, he was the head of regional treasury. Randall is an accountant with a B.A.

Treasury 52

Treasury Leadership Currencies Economics 52

PYMNTS

OCTOBER 1, 2018

To that end, gold or, in this specific case, the activities of gold mining and marketing — the production and procurement of the yellow metal that has been coveted and used as currency for centuries — is also finding a niche via blockchain. We are expanding the traditional buying base for gold,” he told PYMNTS.

Currencies 73

Currencies B2B Manufacturing Compliance 73

Musings on Markets

JANUARY 24, 2024

Government Bond/Bill Rates in 2023 I will start by looking at government bond rates across the world, with the emphasis on US treasuries, which suffered their worst year in history in 2022, down close to 20% for the year, as interest rates surged. The Fed Effect: Where's the beef? The Fed Effect: Where's the beef?

Treasury 52

Treasury Currencies Marketing Economics 52