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Capital Raising & Corporate Finance

TORONTO, VANCOUVER PARTNER TO FORM RENMINBI TRADING HUB

TRENDS | RENMINBI TRADING<br /> Even though Toronto is the center of Canada’s financial industry, much of the country’s trade with China passes through Vancouver. Groups in both cities have decided to work together to promote Canada as a trading hub for the renminbi.

Features

Trade Documentation Solutions To Drive EM Trade Growth

Inside Sibos | Review<br /> From a product perspective, a key area of commitment is related to trade documentation: “We have been active in this area for many years and it is undergoing transformation. I am convinced that BPO [bank payment obligations] will have success..."

Economics, Policy & Regulation

Asian Treasurers Match Strategy To Action

Inside Sibos | Day 3<br /> The increasing sophistication of Asian corporate treasuries to buoy the rapid development of Asian companies is a message that has been growing in resonance in recent years, and it is once again a topic of discussion at this year’s Sibos conference.<br />

Features

Seeing Opportunity In Obstacles

Inside Sibos | Day 3<br /> “Global Transaction Banking is the fastest growing unit in Société Générale,” says Christian Behaghel, head of GTB at Societe Generale. “It is a very stable business, and while we generate something like 6% of the total revenue of the bank, we are experiencing growth of our revenue of 10-15% a year.” This compares, he says to some areas of retail banking that have 0-2% growth a year.

Economics, Policy & Regulation

Trade Finance Goes Digital

Inside Sibos | Day 3<br /> This year’s Sibos event is set to see a greater focus on the use of technology to support trade. Since the launch of the Bank Payment Obligation (BPO), and the publication last year of the Uniform Rules for Bank Payment Obligation (URBPO) by the International Chamber of Commerce, adoption of the new instrument has been gradual—but across the industry there is increasing focus on how technology can be deployed in an area traditionally dominated by paper.

Economics, Policy & Regulation

Disruptors: Mobile Money And Digital Currencies

Inside Sibos | Day 2<br /> The Future of Money is once again a key theme of SWIFT’s annual Innotribe startup competition at this year’s Sibos conference in Boston. It dominated a number of discussions on the first day of the conference, and cryptocurrencies were in the spotlight.

Economics, Policy & Regulation

The Future Of Banking—Italian Style

Inside Sibos | Day 2<br /> “Honestly I am here more to learn than for any other reason. And to understand what the banking system can become,” notes Antonio Patuelli, president of the Italian Banking Association, discussing SWIFT’s Sibos conference in Boston.<br />

Economics, Policy & Regulation

What Corporates Want

Inside Sibos | Day 2 As this year’s corporate forum at Sibos gets underway, what topics are corporations particularly focusing on? This year’s line-up includes a discussion around corporate-to-bank connectivity and the associated challenges.

Features

5 Minutes w/ Joy Cave, VP & Treasurer, FM Global

Inside Sibos | Day 1<br /> Global Finance spoke with Joy Cave, vice president and treasurer of international property insurer FM Global, about how the firm measures and manages relationships with its transaction banking partners and how that has changed in light of market and regulatory developments in recent years—both key topics of discussion for corporate treasurers attending SWIFT’s Sibos conference in Boston this week.

Features

Counterparty Risk In The Spotlight

Inside Sibos | Day 1<br /> What has really changed since the global financial crisis first hit? Four years after the Dodd Frank Act was enacted in the US to help stem another bank crisis, one of the primary causes of the meltdown remains a serious concern.

Features

Treasury Technology Branches Out

Inside Sibos | Day 1<br /> Having the right technology is a key requirement for corporate treasurers—but increasingly companies are looking for their technology vendors to provide additional services beyond the system itself. The evolution of technology is set to be one of the key focus points at this year’s Sibos corporate forum.
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