2010

TCM: Risks And Rewards

By Anita Hawser   Having survived one of the worst recessions on record, companies understand better than ever that treasury management is important for improved efficiency, whether through tightening their accounts-receivable or accounts-payable processes to unlock working capital or limiting ...

Top Firms Spurn Bank Finance

EUROPE   By Anita Hawser   No thank you: Companies reject costly bank loans Investment-grade companies are shunning bank lending and opting instead for the bond markets in order to raise financing, a report by Fitch Ratings says. Based on ...

Turbulence Indices Provide Risk Insight

GLOBAL   By Anita Hawser   State Street’s Will Kinlaw Stress testing risk models and investment portfolios for extreme market events has certainly come into vogue in the wake of the financial crisis. Banks’ risk models were criticized for focusing ...

IMF Identifies Reasons For Markets' Resilience

NEWSMAKERS: EMERGING MARKETS   By Anita Hawser   Rosy future: Emerging hubs such as Mumbai recovered fast As the dust continues to settle following the recent global financial crisis, the International Monetary Fund is attempting to explain why so many emerging ...

Best Supply Chain Finance Providers 2010

ANNUAL SURVEY —BEST SUPPLY CHAIN FINANCE PROVIDERS 2010   Joining The Chain Gang   By Anita Hawser   The leading players in the supply chain finance business demonstrate the benefits of innovation and commitment to a growing market.   A ...

Gulf Report: Game Changer

ISLAMIC FINANCING BREAKTHROUGH   By Anita Hawser   GAME CHANGER   The arrival of the first globally standardized documentation for privately negotiated Islamic hedging products marks a major breakthrough in Islamic finance and risk management.     Compared to the ...

Foreign Exchange Trading

SPOTLIGHT: TRADING UP   Technology is revolutionizing foreign exchange trading and providing ever-increasing opportunities in the world’s biggest financial market.   By Anita Hawser   Electronic trading has revolutionized markets. In the equities markets, algorithmic trading platforms, high-frequency trading and ...

Private Equity Focuses On Emerging Opportunities

MILESTONES: EMERGING MARKETS   Private Equity Focuses on Emerging Opportunities   By Anita Hawser   Thunell: Extolling the virtues of emerging markets While developed markets flounder in a post-crisis quagmire of sovereign debt, developing markets are enjoying much better times—and private ...

Enabling Efficiency

ENABLE EFFICIENCY   Welcome to the first Technology & Treasury Management Supplement Global Finance has published. We recognize that technology has always been a key enabler of treasury management, with treasury management workstations and enterprise resource planning (ERP) systems facilitating ...

Market Forces

FOCUS: ISLAMIC FINANCE IN ASIA   A centralized approach to Islamic finance is helping Asia develop an industry that may challenge the Middle East as the global hub.   By Anita Hawser   The Middle East is often thought of ...

Milestones: IMF Adds Voice To Systemic Risk Debate

Global   By Anita Hawser   Reid: Imposing strict limits might impede growth With the concept of systemic risk still preoccupying global banking regulators, the International Monetary Fund has weighed in on the debate with some suggestions for far-reaching and ...

Features: Focus - Trade Finance

REBUILDING TRUST IN TRADE     Trade finance is stabilizing, but caution is the watchword in an industry still reeling from the effects of the financial crisis.   By Anita Hawser     Throughout the financial crisis, trade finance, that ...

Features: Focus: Global Custody

  Settling Up   Europe’s exchanges are working hard to reduce the complexity of clearing and settlement across the region.   By Anita Hawser   Any custodian doing business inEurope is used to dealing with “spaghetti”—not the variety of Italian ...

2009

Technology: Cloud Computing

  CLOUD COMPUTING   Businesses looking for cost-effective data and IT infrastructure solutions are increasingly finding the answer is in the cloud.   by Anita Hawser   History is littered with examples of technologies that were hyped by analysts, but ...

Cover Story: Africa Leads The Way To A New Era

  EMERGING MARKETS FOCUS: AFRICA   Africa’s economic development will be fueled more by its relationships with other emerging markets than with historical partners in the West.   By Anita Hawser   For hundreds of years Africa has represented a ...

Cover Story: Greening The Supply Chain

Sustainable Procurement   Rising transportation costs and impending rules on carbon emissions are prompting companies to reassess their sourcing strategies. Many are realizing substantial savings in the process.   By Anita Hawser   When London was awarded the 2012 Olympic ...

FX Supplement: Spreading The Word

Spread Betting   Spread betting is becoming an increasingly popular form of FX trading. Its proponents are hoping it will grow as a risk management tool, too.   By Anita Hawser   Its initial popularity—and notoriety—may have been among sports ...

Milestones: Global Currency Could Smooth Out Volatility

Global Anita Hawser Hillier-Brook: Currency already has potential users The campaign to depose the dollar as the global reserve currency has grown significantly stronger with the publication of a United Nations Conference on Trade and Development (UNCTAD) report outlining the ...

Features : Central Banker Report Cards 2009

During one of the toughest years on record, the world’s central bankers were tested as never before.   Contributors: Gordon Platt, Antonio Guerrero, Anita Hawser and Dan Keeler   It is clear that 2009 is not a year on which ...

TCM Guide: Treasury & Cash Management Guide 2009

By Anita Hawser Europe Editor anita@gfinance.co.uk     A lot of the traditional services cash management banks provided to their customers in the lead-up to the financial crisis around collections, liquidity, risk and working capital management are featuring more prominently ...

TCM Guide: E-invoicing

PAPERLESS PAYMENTS TAKE OFF   Paperless invoicing is gaining popularity as efforts to create standardized processes gather momentum.   By Anita Hawser   Electronic invoicing (e-invoicing) may have gone through peaks and troughs over the past decade or so when ...

Milestones: When Will Recovery Come?

  GLOBAL   By Anita Hawser   Shut down: Many businesses are still pessimistic Banks’ investment banking businesses are making money again and the better-than-expected US non-farm payrolls in July took the markets by surprise. But questions remain over whether ...

Best Supply Chain Finance Providers

Supply Chain Finance In Growing Demand   The credit crunch has demonstrated which banks are truly committed to developing supply chain finance solutions.   By Anita Hawser   Few market segments within financial services have emerged unscathed from the recent ...

Regulars : Newsmakers : United States

China and Brazil appear to be joining forces in an attempt to unseat the dollar as the de facto global reserve currency.   By Anitar Hawser   According to Brazil’s central bank, the two countries are actively discussing trading with ...

Regulars : Newsmakers : United Kingdom

While the economic crisis has demonstrated the shortcomings of “light-touch” regulation—leaving the market to virtually regulate itself—banks remain unconvinced about the benefits of a single global regulator.   By Anita Hawser   While the economic crisis has demonstrated the shortcomings ...

Regulars : Milestones : Global

Before the credit crunch took a massive bite out of global economic activity, oil prices were heading skyward, and fears that supplies might actually run out were rampant.   By Anita Hawser   Although the subsequent economic malaise sent energy ...

Features: Cash Is King Again

The credit crunch made life more difficult for corporate treasurers in many ways—not least in managing their relationships with their cash management banking partners. By Anita Hawser Over the past 12 months the European cash management sector has undergone a ...

Features : Future Imperfect

Swooning equity markets have added to the troubles facing many corporate pension plans and will only accelerate the move to defined contribution plans.   By Anita Hawser For some time now observers have been warning of a looming pension crisis ...

Features : Financial Giants Face A Mighty Challenge

ANALYSIS FINANCIAL CENTERS     Established financial centers are seeing their dominance challenged in the aftermath of the credit crunch. BY ANITA HAWSER   In early April, as leaders from the Group of 20 countries gathered with the expectation that ...

Milestones : Governments Transform M&A Landscape

EUROPE     PwC's Nick Page. The cross-border M&A; activity that has characterized financial services for the past few years has virtually ground to a halt as increasing government involvement radically reshapes the market. Nick Page, partner, PricewaterhouseCoopers, says M&A; ...

Emerging Markets : Governments transform M&A landscape

EUROPE       The cross-border M&A; activity that has characterized financial services for the past few years has virtually ground to a halt as increasing government involvement radically reshapes the market.   PwC's Nick Page Nick Page, partner, PricewaterhouseCoopers, ...