McKinsey Review: Banks Active Actors in
McKinsey’s Global Banking Annual Review 2020 is out and, despite the obvious challenges of this year, positivity is in the air. But more work is needed. TMI talks to one of the report’s authors, McKinsey Senior Partner Matthieu Lemerle, about some of the key findings and their likely impact on customers. The banking sector has […]
Negative Interest Rates and the Implications for Money Market Funds
The conditions now facing the global economy are unprecedented. For many countries, interest rates have been close to record lows since the aftermath of the 2008 global financial crisis. While some central banks had already taken the plunge into negative territory, the coronavirus pandemic and its economic implications have led others to consider the idea. […]
The Dangers of Negative Interest Rates
Are negative interest rates really good for treasurers, and for the world economy in general? There are admittedly some benefits, but there are many more drawbacks. Perhaps a return to zero rates would bring the greatest overall benefit. A few years ago, the unthinkable happened: negative interest rates were introduced. Investors could no longer rely […]
A Man with a Mission: Putting $43tr. in Trapped Cash to Work
Perched on the edge of a conference table, wearing anything but a suit, Sandy Kemper, founder of C2FO, is unlike any C-suite executive I’ve interviewed before. But then again, you have to be an ‘out of the box’ thinker to create the world’s first working capital marketplace. Here, Kemper shares his vision for the future […]
Cashing in on Trends in Brno – The 8th CEE Treasury Forum
More than 100 delegates from seven countries gathered to share experiences at this year’s Central and East European Treasury Forum held in Brno, Czech Republic, from 3 October to 5 October. The national treasury associations of Austria, Croatia, the Czech Republic, Hungary, Slovakia, Slovenia and Romania met at the beginning of October to exchange ideas […]
Hitting the Sweet Spot: Macro Uncertainty and the Ultra-Short Solution
In the current uncertain macro environment, it is tempting for treasurers to hunker down in their short-term investment comfort zone, namely money market funds (MMFs). Nevertheless, if they are prepared to step out into an ultra-short-duration strategy, investors can potentially garner returns over and above those offered by MMFs, while remaining in a low-risk solution. […]
Preparing Treasury for the Future: Picking the Right Bank Relationships
While my office door is always open to banks wanting to have a conversation about how they can support YFAI’s treasury operations, I believe bank relationships are changing. Yes, treasurers are searching for great products at reasonable prices, but they are also looking for strategic partners who will bring true innovation to the table. So, […]