LONDON, Nov 5 (Reuters) - The Bank of England warned on Tuesday it will crack down on insurers that are overly optimistic about how much capital they need to cover growing risks from the United States and elsewhere.
If the money supply is doubled without any expansion in the consumers’ pool of goods and services, the purchasing power of each unit of currency falls in half. This reduction in the purchasing power of each unit of currency is called inflation.
The Irish economy is on the road to recovery driven by a vibrant corporate sector. The IACT explain how the corporate treasury profession has played a vital role in this recovery, as its members steered companies through the worst of the financial crisis.
Michael T. Kiley | Real interest rates have been persistently below historical norms over the past decade, leading economists and policymakers to view the equilibrium real interest rate as likely to be low for some time. Various definitions and approaches to estimating the equilibrium real interest rate are examined, including approaches based on the term-structure of interest rates and small…
More and more treasurers are getting involved in environmental, social and governance (ESG) initiatives. Not only financing them but also embedding them into treasury processes and spearheading departmental sustainability projects.
Today, more women than ever before are entering the treasury profession. However, despite these encouraging trends, many treasury leaders still face difficulties recruiting, retaining and promoting women.
Bruno Mellado, BNP Paribas, shares his views on the most exciting developments in the payments space today - and explains how new technologies can work alongside existing infrastructures to drive innovation.
The final session of the EACT Summit featured younger treasury professionals who are already making a major impact on their respective organisations in senior roles, and are amongst those who will shape the treasury function of the future.
The current trend of increasing automation and data exchange in the commercial world, often referred to as Industry 4.0, promises numerous productivity gains. However, while Industry 4.0 may be taking off in the commercial side of the business, many corporations have yet to emulate it in their treasury operations.
Next generation treasury functions will work in real-time, with highly integrated, automated systems. Treasury teams will leverage intelligent tools; data will power forward-looking decision-making; and manual legwork will give way to strategic thinking. But how can treasurers deploy innovations associated with the Fourth Industrial Revolution, also known as Industry 4.0, to work towards this…
With solutions such as we.trade revolutionising supply-chain interactions, while others, such as Project Wilson, connect correspondent banks to facilitate working capital financing, Simone Del Guerra of UniCredit discusses the shifting landscape of correspondent banking.
Standard Chartered discuss how formulating the right capital structure can allow treasurers to equip their organisations to be responsive to change and pursue growth opportunities, whilst ensuring the business is resilient at a time of changing market and geopolitical conditions.
Major capital goods (CG) corporates are often early adopters of new treasury techniques and technology largely due to their substantial size, as the corresponding extent of potential cost savings and efficiency gains are attractive.
Keen to future-proof its treasury function, Pernod Ricard India (PRI) has undergone an impressive digital transformation that has led to signiﬁcant efficiency gains and delivered important sustainability beneﬁts. Discover highlights from PRIs transformation journey and why treasurers must pay attention to corporate social responsibility (CSR).