IMF and OECD are warning the world about rising corporate debt, which could threaten stability and worsen a downturn. Even so, banks stand pretty safe, according to an expert article published by The Global Treasurer.
Bond spreads are up 50 points, the head of the euro area’s crisis fund points out – as he warns Greece against announced alleviations for tax payers and pensioners which would have the country flunk its obligations.
Foreign exchange traders from six banks shared sensitive information in colourfully named Bloomberg chat rooms for five years. On Thursday, EU fines hit Barclays, RBS, Citigroup, JP Morgan and MUFG. Having revealed it all, UBS escaped punishment.
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.