Treasuries in the Infrastructure, Real Estate and Building Materials (IRB) sector operate against an extremely demanding backdrop. As HSBC explains,there are various ways in which leading IRB treasuries are successfully managing despite these 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. Jared Smith, Global Sector Head of Capital Goods and Automotives at HSBC Global Liquidity and Cash Management explains.
Globalisation and increased economic interconnectivity, coupled with rapid technological development, are profoundly changing the face of business. While their implications differ across industries and markets, what is consistent is that business finance leaders everywhere are wrestling with what these changes mean for their firms today and in the near future.