Large caps stay out of the special financing arrangements put in place by governments

Europe’s largest companies are staying away from the special financing arrangements put in place by governments . In France, even before the presentation of the state-guaranteed loan (Prêt Garanti par l’Etat – “PGE”), several large caps had already secured additional liquidity to get them through the first few months of the crisis, such as Airbus, which announced the signing of a €15 billion syndicated loan on 23 March. Other such raising included Schlumberger with a €1.5bn Revolving Credit Facility and Diageo, who launched and priced a USD $2.5bn bond offering.

Branch Depository Options Trending Today

Deposit methods in today’s cash and coin environment

What Can You Count On? Bank and Payment Card Fees

Amid the chaos of COVID-19, layoffs, furloughs and businesses closing, there are still things businesses cannot avoid, like payment card brand fees, and the need to manage both the current fees and the constant changes put out by the card brands.

The digitization of trade is increasing in velocity

How quickly will companies take advantage of the advances in trade related technology that affords them reductions in costs as well as improvements in risk mitigation?

2020 Card Brand Release Overview

Renewing Your Credit Facility? COVID-19 Update

The COVID-19 pandemic is forcing companies to explore how they can optimize their bank financing while managing the current uncertain environment.

Commodity Traders – What is the Threshold for Liquidity Source Diversification?

Humanity is shaped by its crisis. So is trading, as old as humanity as well. In order to survive, trading will continuously have to adapt to demand and supply shocks, logistical challenges, increase in risk premia and last but not least liquidity available. In fact liquidity has always been and will continue to be the number one risk consideration for any trading company.

Rating agencies – between speed and precipitation

In the crisis, the credit rating agencies have not all reacted in the same way. An analysis of the three main rating agencies actions since the end of February, shows that Standard & Poor’s (S&P) has been much quicker than Moody’s and Fitch in revising down their views – REPORT

Payment Card Best Practices

The merchant card industry is changing, so much so that even the word ‘merchant’ has become out-of-date. In recent years, the industry standard verbiage changed from merchant cards to payment cards to be all-inclusive of the complexities of the payment card world. Examples of payment cards can include traditional credit and debit cards, but also gift cards (closed loop), pre-paid cards (open loop), ghost, and virtual cards.

An Action Plan for Bank Fee Analysis

It may be the understatement of the year, but…things have changed. With the Federal Reserve slashing rates to near zero, our entire thought process around treasury has changed.

Finance Departments: 6 Lessons From the 2008-2009 Financial Crisis

As the bank debt and bond markets are experiencing extreme volatility, Redbridge’s treasury and finance advisory team has listed six lessons learned from the 2008/2009 financial crisis to help finance departments in their primary mission: managing corporate liquidity.

Now That ECR Is Dead, We Can Finally Focus on the True Cost of Cash Management

With the fast-spreading threat of the coronavirus paralyzing the U.S. and global economy for months to come, the Federal Reserve made the drastic decision on March 15, 2020, to slash interest rates to zero.

The Rising Costs of Digital Imaging in Commercial Banking

Whether you are looking at a check image through an online banking portal, image file, DDA statement, or CD-ROM, there is a cost for each image, and the dollar amount may surprise you.

“We combine artificial intelligence with business skills to revolutionise cash flow forecasting.” Rupert Schiessl, founder of Verteego

Verteego believes that cash flow forecasts should be rethought to improve how companies are managed and increase their profitability.

Machine Learning or AI Could Perform Repetitive Patterns to Improve the Process of Cash Forecasting

Redbridge invited three international treasury professionals based in the US, UK and France to share their views on successful cash flow forecasting. In this post, Ferdinand Jahnel, VP, Treasurer at Marsh & McLennan Companies, explains how artificial intelligence (AI) could improve the process of cash forecasting.