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.
