December 2009 17 Min Read
Putting Working Capital to Work- Releasing Capital by Accelerating the Cash Conversion Cycle A report by the Financial Strategy Group, Citi Investment Banking Divisionby Carsten Stendevad, Anil Shivdasani, Shams Butt, Dan Pakenham and Alfredo Bequillard Executive...
December 2009 8 Min Read
by Andrew Woods, Group Vice President, SunGard There are a variety of reasons why companies decide to centralize their treasury operations, which would typically include cash management, financing, investment and foreign exchange, including both routine activities and...
December 2009 8 Min Read
Commodity Hedging – the advent of a new paradigm by Hans-Kristian Bryn and Mark Robson, Partners, Oliver Wyman’s Corporate Risk practice The events of 2008 have shaken up the risk management approach of multinational corporations (MNCs) and have given...
December 2009 4 Min Read
Understanding the Benefits of Convertible Bonds by Barry Martin & Riyadh Bhyat, Debt Capital Markets, Rand Merchant Bank Though convertible bonds have been issued on international markets for a number of years, issuers in South Africa are only now beginning to...
December 2009 17 Min Read
The Pricing of BEE Share Purchase Schemes by Graeme West and Lydia West, Financial Modelling Agency Black Economic Empowerment (BEE) transactions are very topical, with companies that have to date failed to put in place meaningful BEE schemes under serious pressure...
November 2009 4 Min Read
Bernard Lubot “We have created a unique treasury interface to serve all parts of the group” Financial Operations and Treasury Manager, Areva Lettre du Trésorier You have worked mainly in industry, I believe? Bernard LubotAfter completing my studies...
November 2009 8 Min Read
Getting to Grips with Working Capital by Alexandre Clar, Director, Global Treasury (EMEA), PPG Industries In January 2008, PPG made their largest-ever acquisition by purchasing the Dutch-based SigmaKalon from financial sponsor Bain Capital. This acquisition differed...
November 2009 4 Min Read
Philippe Autin “We found EBICS to be the most suitable solution.” Treasury Director, NMPP Lettre du Trésorier What does the acronym NMPP stand for? Philippe AutinNouvelles Messageries de la Presse Parisienne, whose activity is principally supplying...
November 2009 4 Min Read
Bringing It All Together – A cohesive approach to liquidity and risk BNP Paribas’ Cash Management University Review The 3rd BNP Paribas’ Cash Management University, which took place in Paris, France on 8 – 9 October proved a marvellous opportunity...
November 2009 5 Min Read
The Birth of RMB Cross-Border Trade Settlement by Neil Daswani, Regional Head Transaction Banking, Northeast Asia, Standard Chartered Bank International trade is not a new phenomenon, neither for western nor eastern economies. The ancient Egyptians traded with Afghanistan...
November 2009 6 Min Read
Tracking Benefits and Managing Cash Flow by Ben Scott Knight, Director, Concentra Experience suggests that two of the biggest changes any business will ever go through are a major cost-cutting programme or a merger/acquisition – with the former particularly relevant...
November 2009 3 Min Read
Improving Returns from Cross-Border Cash Balances by Matthew Post, Treasury Operations Manager, Qualcomm Incorporated Based in the US, Qualcomm Incorporated is one of the world’s leading providers of wireless communication technology and services. With global...
