The Rating Outlook for the U.S. commercial finance and leasing sector remains Negative, according to Fitch Ratings. Since Jan. 1, 2001, Fitch has taken 31 rating actions, including lowering ratings 27 times for 16 issuers. During this period, four issuers had their ratings raised with only the iStar Financial Corp. action based on improved company fundamentals. The last 30 months, beginning with the problems announced by FINOVA Capital Corp., have been one of the most tumultuous periods ever for the commercial finance and leasing sector. During this period, not only did some of the largest issuer bankruptcies in the sector occur, FINOVA and Comdisco, Inc., but many industry constituents pondered the viability of the publicly-owned independent finance company business model, Fitch added.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more