Tag: act

Treasurers from Nokia, Isuzu Motors and Rio Tinto spoke at a panel at GTR Asia about the challenges of their ‘corporate innovation’ journeys

Europe might be fracturing, but the region’s top treasury body are showing a united front, demanding that regulators don’t overstandardise and make their life difficult

In a panel on cash strategies, treasury groups and member practitioners divulged their strategies for dealing with what’s coming in 2015, including ditching banks who charge on deposits.

Knorr-Bremse treasurer Ernest Mui has called for China to establish more Shanghai-style free trade zones in order to balance China’s corporate treasury needs.

Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.

An inflammatory quote in the Financial Times generated outrage, eye rolls, and measured defence of bankers by treasurers.

Treasury associations are baring their teeth as financial regulations threaten to hurt their interests, but Asia lacks a unified voice.