Liquidity levels at US banks have improved significantly in the last 12 months, according to a report by Moody’s. However, the ratings agency warned that the improvement, positively influenced by strong consumer and commercial deposit growth, ‘could come to a halt if equity markets continue to rebound.’ Nonetheless, of the 86 banking organizations surveyed, 73 per cent saw their net cash-capital positions improve from first quarter 2002 to first quarter 2003. As for bank holding companies specifically, Sean Jones, a Moody’s senior vice president, noted that more management teams are committed to maintaining a positive liquidity position at this level. ‘In March 2003 58 per cent of US bank holding companies had a positive holding company liquidity position – a gain of seven per cent over the prior year,’ he said.
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