Tag: banks

banking & & service‘Hwllo’s

On June 21 Moody's downgraded the credit ratings of 15 global banks by a number of notches. The markets appeared uninterested but the impact on corporate treasury trade finance will hurt. We ask Olivier Hubert, treasury consultant at AlterCFO, to explain what that pain will be.

So India and China are happy to pump more in to bail out Europe via the IMF, Greece has formed a fragile but pro-austerity coalition. Is all safe now? Or should treasurers and CFOs continue to be fearful of a euro collapse? CT asks the experts.

The euro appears to have baselined around 1.23 against the dollar and is now rallying. Given the recent deal to bailout the Spanish banks, what are the chances of a sustained rally? CT asks a series of experts their thoughts.

The People’s Bank of China has made the groundbreaking decision to allow banks greater flexibility in interest rate policy. For years it had been of the opinion that rigid control of rate policy would protect banks from painful losses on bad loans.

It's never too late to prepare. This is CT's "Euro Withdrawal Crisis Contingency Plan": advice on what to expect if a country withdraws from the eurozone.

CT talks to Angelica Kwan (pictured), US tax partner at PwC's Hong Kong office, on why CFOs at financial institutions should get ready for Uncle Sam’s latest attempt to levy a new 30% withholding tax on US-related deals.

As China hits a series of economic bumps its central bank has become easing monetary policy.

Damian Glendinning, group treasurer of Chinese PC manufacturer Lenovo discusses Basel III, the lessons learnt from the financial crisis and being a party pooper.

Banks’ oblique attitude to risk transfer is damaging to the over-the-counter industry

The strength of China's state-owned banks is overwhelming and must be cut to size, said Chinese Premier Wen Jiabao.