With the UK pound dropping to a record low against the euro on 1 September and falling to a two and a half year low against the US dollar yesterday, currency investors are capitalising on this by trading heavily in GBP/USD. Barclays Stockbrokers saw 86% of all trades in this currency pair on 1 September while the pound was falling dramatically. Barbara-Ann King, head of proposition at Barclays Stockbrokers, commented: “We have seen a shift in client sentiment over the last few weeks with some clients selling sterling against a variety of currencies as the UK economy continues to face challenging times.
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