Trade Finance News

Topic - Cash Management

December 06, 2010

Mercer opens in Saudi Arabia

Riyadh office will serve public and private sectors.

August 18, 2010

Barclays creates development agency offering

Le Goater heads new team to serve projects in Africa. 

July 13, 2009

HSBC appoints new head of commercial banking in ME

HSBC Bank Middle East has appointed Simon Johnson as regional head of commercial banking. In this role, Johnson will oversee all commercial banking business across the Middle East region.

June 24, 2009

Banks to increase spending on cash management IT

Banks seeking to improve the end user online cash management (CM) experience for corporate clients will spearhead 7.1% growth in IT spending on CM solutions in 2009-10, with total IT spending reaching US$904mn in December this year, according to the consultant Celent.

May 21, 2009

BNYM expands treasury services in EMEA

The Bank of New York Mellon (BNYM) has further strengthened its treasury services operations across Europe, the Middle East and Africa (EMEA), with new appointments in Brussels, Frankfurt, Cairo and London.

October 02, 2008

Failed payments cost European banks €21bn a year

Failed international payments are costing Europe’s banks €21bn a year, despite the promise of SEPA (Single Euro Payments Area) to simplify transactions and cut costs, according to banking solutions provider Misys.

October 02, 2008

ECB in face-off with Euroclear over T2-S

The European Central Bank is in a face-off with Euroclear, the largest central securities depository (CSD) in Europe, over the ECB’s plans to introduce its own centralised securities depository, TARGET 2-Securities (T2-S).

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