by Ather Williams III, Head of Global Transaction Services, Bank of America Merrill Lynch
This special supplement, sponsored by Bank of America Merrill Lynch, comes at a time of growing inward investment in Latin America. This is good news for business in the region, and good news for those banks, such as Bank of America Merrill Lynch, which have continued to invest in building the technology, expertise and global reach to help corporations grow successfully around the world.
As the global economy returns to growth, the relationship between banks and corporate treasurers is changing. It might be tempting to imagine that transaction bankers and their clients should simply press the ‘reset’ button and go back to the way we worked before the global economic crisis, but that is neither possible nor desirable.
For the past seven years, banks and corporations have been cautiously navigating their way through a transaction banking paradigm shift, towards a future in which the quality of a banking relationship counts more than its size. This shift, ushered in by the changing regulatory environment, has not reached its equilibrium.
A dramatically changed regulatory and industry environment, combined with new technologies and products, has the potential to reshape the industry in terms of how banks provide liquidity visibility and control so that clients can better manage, protect, collect and move their money across the globe.
Sign up for free to read the full article
Register Login with LinkedInAlready have an account?
LoginDownload our Free Treasury App for mobile and tablet to read articles – no log in required.
Download Version Download Version