By Rahul Badhwar, Managing Director, Global Head - Corporate Treasury Solutions, Global Markets Corporate Services, HSBC
The economies of various developed and emerging markets look set for a benign period of growth . Leading corporates are already responding by building out their international operations, while also evolving their business models to capitalise on the expanding global consumer marketplace. As a result, many corporates are finding themselves transacting ever more cross-border business, which is driving commensurate growth in their payables/receivables and FX activity. Rahul Badhwar Managing Director, Global Head – Corporate Treasury Solutions, Global Markets Corporate Services at HSBC, explains how in order to deliver the optimum result for a client's corporate treasury in this environment, a bank must be able to offer a holistic approach that combines cash management and FX.