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Defined Benefit Pensions: Overcoming the Obstacles to Buyout, TMI Magazine, TMI 204
DAB Group's treasury department turned to Banca Nazionale del Lavoro (BNL), part of BNP Paribas Group, to refresh its cash management structure, providing a host of visibility benefits and handing control back to the business.
Li & Fung Limited partnered with HSBC to consolidate its bank accounts and redesign its existing liquidity structures to make better use of internal liquidity. The company's treasury now has real time control of its cash and has assumed a more strategic role within the organisation.
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