Publication date: Nov 2012
Behind the scenes at Sibos
It is always interesting to attend Sibos – the big banking conference – and to hear what the bankers and others are talking about.
Since 1978, the Society for Worldwide Financial Telecommunication (SWIFT) has been holding this annual conference, better known as SWIFT’s International Banking Operations Seminar (Sibos) at venues around the world. This year, the conference moved back to Asia and was held in Osaka just a couple of weeks after the Annual IMF meeting was held in Tokyo. This was the first time that Sibos had been held in Japan, which has the third largest economy in the world. Sibos was held in Hong Kong in 2009.Read more
Publication date: Oct 2012
Talented treasurers are jumping ship
The EuroFinance International Conference always provides a good opportunity for putting your finger on the treasury pulse. And while the myriad sessions offer up an accurate reflection of treasurers’ current priorities, it is the coffee break chatter that really gets to the heart of their preoccupations.Read more
Publication date: Sep 2012
Is a single bank supervisor really what Europe needs?
Plans currently being drawn up by the European Commission (EC) could see the European Central Bank (ECB) designated as the financial watchdog for 6,000 Eurozone banks. According to EU Commissioner Michel Barnier, who is spearheading the proposals for a single supervisory body, banks that have already received support from the European Stability Mechanism (ESM) may come under the auspices of a common regulator from as early as 1st January 2013. The deadline for all Eurozone banks to be under the supervisor’s umbrella is equally ambitious, a mere 12 months later.
Publication date: Aug 2012
Crime and Punishment
The title of Dostoevsky’s literary masterpiece is a good reflection of what the global press has been reporting on in the banking sphere of late. And the stories in the newspapers do echo some threads of the classic novel’s plot. ‘Some’ being the operative word.Read more
Publication date: Jun 2012
Benchmarking the Benchmarking Studies
We have been undertaking treasury Benchmarking Studies for several years now. Initially we sought to understand what treasuries were doing and what was best practice in the industry. This year we are going further and asking exactly which ‘marks on the bench’ are being used and what your concrete measures are.
This goes beyond anything that has been done before and is beginning to provide some very interesting data. But we need your support if we are going to make this an even more relevant project.Read more
Publication date: May 2012
Why risk should not be a ‘four-letter word’
Risk is without doubt a strange beast. It is an evolving entity that will – if you let it – quickly take control of the way a treasury department operates. Yes, risk must be managed. And the treasurer, as gatekeeper, must make sure that the company’s money is not exposed to significant downside potential.Read more
Publication date: Apr 2012
Final call to action
We have a simple ambition here at Treasury Today with respect to our Awards programme – to continue to recognise and showcase the best in corporate treasury practices as demonstrated by you, our readers.
Does your treasury department evidence best practice and/or innovation? Are you waiting for your efforts to be recognised by the wider business? If so, why not submit a nomination for this year’s Adam Smith Awards?Read more
Publication date: Mar 2012
Will reality prevail?
We have written about the euro crisis in practical terms over the last few months and provided our readers with a checklist of action points that prudent treasurers will have reviewed. No one can ignore the endless stories regarding the euro crisis – some real and some not so real.Read more
Publication date: Feb 2012
The cash pile dilemma
Sitting on a war chest worth $97.6 billion might seem like a nice problem to have. But Apple’s investors are getting hot under the collar and want to see their money put to work. Given that the company’s cash earned a return of 0.77% during the 2011 fiscal year, it’s easy to understand why.Read more
Publication date: Jan 2012
Corporate DIY: do or die?
At this time of year, it’s always tempting to reflect on major events that have shaped the preceding 12 months. But when there have been so many high profile headlines, it is the ‘under the radar’ news that tells of trends closer to home.Read more