Global Finance sat down with Brian Loughman, Fraud Investigation & Dispute Services (FIDS) Leader, EY Americas (formerly Ernst & Young), to discuss how greater regulation and increased efforts by countries to fight fraud are leading to greater demand for services by corporations around the world.
Treasury & Cash Management 2014
TREASURY & CASH MANAGEMENT | GLOBAL FINANCE CASH 25
The Global Finance Cash 25 ranks public companies by cash, cash equivalents and short-term securities on their balance sheets. Data is gathered from more than 70,000 public companies worldwide. It is a ranking of nonfinancial corporations—we exclude financial institutions from the list.
TREASURY & CASH MANAGEMENT | WHO'S WHO
Global Finance ’s annual list of Who’s Who in Treasury & Cash Management
TREASURY & CASH MANAGEMENT | GLOBAL TRANSACTION BANKING
With transaction banks in a state of global change, what is the impact for corporates?
TREASURY & CASH MANAGEMENT | PAYMENTS: POST-SEPA
The SEPA migration deadline may have passed, but most companies have yet to gain the full benefits offered by the Single Euro Payments Area initiative. Now would be a good time for treasurers to ask how they can get more out of their SEPA investments.
TREASURY & CASH MANAGEMENT | REAL-TIME PAYMENTS
A delay in the rollout of the China International Payments System looks to be only a temporary hiccup in the renminbi’s unfolding internationalization.
COUNTRY REPORT | TAIWAN
Taiwan’s bright fundamentals are underpinned by a revival in both export and import demand, but could a housing bubble be on the horizon?
In its 2013 report to Congress, the Export-Import Bank of the United States says that its “overriding mission is to create and sustain American jobs by supporting US exports.” But that very mission is under threat, with House Financial Services Committee chairman Jeb Hensarling, among others, seeking to abolish the bank.
CAPITAL MARKETS | FOREIGN EXCHANGE
It is a changing world for FX traders. Regulatory uncertainty and low volatility are putting a damper on the foreign exchange market, with spreads narrowing by 20% already this year—to record lows.
CAPITAL MARKETS | MIDDLE EAST EQUITY
Riyadh, the Saudi capital, has already built a new financial district, named after King Abdullah, but its 42 new skyscrapers stand largely empty. That could change following the decision by the government in July to allow foreign financial institutions to invest directly in listed shares, starting in the first half of 2015.
MANAGEMENT | PENSIONS
As people live longer, many companies are discovering that they have to pay pension benefits to retirees for longer than they had expected. Insurance companies are stepping in with new products that can help take this “longevity risk” out of corporate defined-benefit pension plans.
TRENDS | SNAPSHOT: PANAMA
CAPITAL MARKETS FOCUS: MERGERS & ACQUISITIONS
Companies around the world are stepping up their due diligence on mergers and acquisitions involving Chinese counterparties, after several major deals have been called into question as a result of Peking’s widening corruption probe.
TRENDS | US BANKING