When evaluating a modern treasury management system (TMS), corporations risk being stuck in too narrow measures of the good it could do. A Treasury Today article reports a survey showing 42 percent found cost and business case to be a barrier against TMS investment.
”There is always a reason for a CFO to contemplate what is actually the role of finance,” said Sisse Fjelsted Rasmussen, CFO of Denmark-based Stark Group, when presenting the opening keynote of the Treasury 360 Copenhagen conference on Thursday morning.
Germany’s largest publicly listed banks – Deutsche Bank and Commerzbank – say they will not go forward in their merger discussions, which have gone on for six weeks. Judging by comments, that is a wise decision.