News

• Foreign Payments for SMBs

  By Treasury & Risk Staff  |  June 19, 2013

  New international payments service enables small to midsize businesses to send direct payments in more than 135 currencies.

• China Says Financial System Must Better Serve the Economy

  By Xin Zhou, Bloomberg  |  June 19, 2013

  As China's borrowing costs rise, leadership indicates intent to push forward with reforms rather than stimulus.

• Pound Too Strong

  By Lukanyo Mnyanda and Anchalee Worrachate, Bloomberg  |  June 19, 2013

  Analysts predict the pound will fall against the dollar as the Bank of England prepares for a new governor.

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  Mitigating Counterparty Risk in Derivatives Trades

  By Christine Ginfrida  |  June 19, 2013

  Companies engaged in derivatives trading can learn from the professional markets’ approach to managing counterparty credit exposure.

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  A Primer on Payment Fraud in 2013

  By Linda Coven  |  June 18, 2013

  Mitigating risk requires adoption of best practices, both in managing paper checks and in confronting digital threats.

• Benchmark Rates in Question

  By Matthew Leising, Bloomberg  |  June 18, 2013

  Probe into rigging of Libor expands to other rates, spreads across Europe and to the U.S. and Singapore.

• Facing Down Bribery and Corruption Risk

  By Treasury & Risk Staff  |  June 17, 2013

  Bribery and corruption risks are on the upswing for many companies, but policies to combat the risks are not particularly effective.

• Failure to Communicate Boosts Government-Bond Yields

  By Simon Kennedy and Rich Miller, Bloomberg  |  June 17, 2013

  Push to improve central-bank transparency results in airing of conflicting views and increased volatility in the U.S., Japan, and the EU.

• U.S.-EU Trade Talks to Start in July

  By Robert Hutton and Mike Dorning, Bloomberg  |  June 17, 2013

  Talks expected to move fast on the ‘biggest trade deal in history.’

• House Passes Cross-Border Swaps Bill

  By Dave Michaels, Bloomberg  |  June 17, 2013

  Bill limiting CFTC authority on cross-borders swaps may pressure the agency to delay final action on application of derivatives rules to foreign entities.