Latest Centralisation Articles
With Hong Kong very publicly gunning for Singapore’s pre-eminence, treasury centre location has again become a hot topic. What are the key success factors? And who is likely to win this round in the regional treasury centre (RTC) wars?
The formation of Denmark’s DONG Energy from six separate energy companies in 2006 presented a series of challenges when merging departments, establishing a single treasury department and integrating areas such as payment systems. This case study describes two major projects undertaken by the group while working with Nordea.
In this interview with gtnews, Didier Vandenhaute a partner in PwC’s corporate treasury practice in Belgium and Bas Rebel, senior director treasury advisory in the Netherlands, offer their thoughts on the market dynamics of corporate transaction banking since the 2008 global financial crisis, new market entrants and other main drivers.
Transaction banking is a key part of the core corporate banking offering; it is central to the relationship between the two parties as it is something that touches the business on a daily, if not hourly basis. As such, it is essential for every company to build a strong relationship with a transaction bank that has a strong track record.