Tag: cash management

Commerzbank is Global Finance Magazine’s “Best Treasury & Cash Management Provider in Germany for 2018”

Commerzbank has won the magazine’s award for the third year running. Klaus Josef Mueller, Head of Product Management Trade Finance & Cash Management, comments: “It’s a real honour to be included, yet again, among such a prestigious list of winners, and even more so in the home market. This award reflects our dedication to helping …

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What were the key lessons learned at Sibos 2017? UniCredit’s Global Co-Head of Trade Finance, and Global Head of Cash Management explore:

Sibos 2017 came and went in a flash. But what were the key messages from the event? Writing in TMI, Raphael Barisaac, UniCredit’s Global Co-Head of Trade Finance, and Cédric Derras, UniCredit’s Global Head of Cash Management, reflected on the event: “After years of preoccupation with regulation and compliance, the industry is once again gearing up …

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Deutsche Bank’s Paula Roels makes the case for implementing SWIFT gpi, in FX-MM

SWIFT’s global payments innovation (SWIFT gpi) – an industry-wide initiative that connects every party in payment chain via a cloud solution – is tipped to become the new payment standard for correspondent banking. Before it can, however, a critical mass of banks must go live with the initiative’s operational mode. Writing for FX-MM, Paul Roels, …

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Are you PSD2-Ready? A Deutsche Bank guide to the latest information and sources of support

By January 13th 2018, EU member states are obliged to transpose the new EU Payment Services Directive (PSD2) into national law. With the deadline fast approaching, organisations in the regulation’s scope must ensure they are prepared. As Sharokh Moinian, Deutsche Bank’s Global Head of Cash Products, Cash Management, puts it; “organisations affected – particularly financial institutions – must …

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Writing in Treasury and Risk, Deutsche Bank’s Seth Brener explores how corporates can “make the most out of their cash”

Managing excess liquidity has never been more challenging for the corporate treasurer. Low – even negative – interest rates mean treasurers can no longer rely on leaving their excess cash in overnight deposits. In addition, new financial regulations such as Basel III have only further complicated the question of what to do with excess liquidity: …

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News of BNY Mellon realigning its Treasury Services leadership team in EMEA covered by the specialist press

BNY Mellon’s Treasury Services business has realigned its leadership team in Europe, the Middle East and Africa to focus on its different market segments across the region. Daniel Verbruggen and Bana Akkad Azhari have both been promoted to the business leadership team. Verbruggen will continue to be responsible for relationship management in Europe, and Akkad …

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Commerzbank recognised for leading cash and trade services in Global Finance’s awards

Commerzbank has been recognised as the “Best trade finance provider in Germany” and – for the second year running – “Best global bank for export finance” in Global Finance magazine’s list of the “World’s Best Trade Finance Providers 2017”. The bank has also taken the titles of “Best Overall Bank for Cash Management in Central …

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Marc Kirchhoff explains why Commerzbank’s cash management gets a five-star review in Euromoney

Commerzbank has emerged as a “Five Star Cash Manager for Western Europe 2017” in Euromoney’s Cash Management Survey – which takes into account the opinions of more than 30,000 non-financial corporations. Delving deep into the poll’s results, the article “When quality not quantity counts in cash management” identifies those banks whose people, services and products are the …

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Deutsche Bank’s Andrew Reid in The Paypers: B2B payment innovation is possible only through collaboration

Andrew Reid explains in The Paypers that collaboration is needed for banks to achieve the same level of transformation and convenience in the B2B space that they have already delivered in the retail banking space. In an interview previously published in the B2B Fintech: Payments, Supply Chain Finance & E-invoicing Guide 2016, Reid says that …

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Deutsche Bank picks up two awards in Acquisition International’s 2016 Finance Awards programme

Deutsche Bank has been recognised with two accolades in Acquisition International’s (AI’s) 2016 Finance Awards programme: Best Commercial Banking Specialist 2016 for Asia Pacific for the Bank’s work supporting corporates in Asia Pacific, and with the Award for Excellence in Risk Management, Singapore. Winning not one, but two of AI’s prestigious and pioneering awards is …

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