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Addressing recent moves to impose international sanctions on Iran, SWIFT’s CEO Lazaro Campos said that “the moment the wording is clear” on the European Union legislation now being drafted, the secure global financial messaging network will cut off that country’s central bank and other financial institutions. “We will disconnect and not wait for the approvals,” Campos told the 400 attendees at the annual SWIFT Operations Forum Americas held this week in New York City.
Liquidity concerns, among other problems, have driven the company’s stock price down 27 percent in the just past month.
Excess cash resulting from tax law changes means tech companies are paying down debt, despite low interest rates.
6 steps to developing a framework for folding acquisitions into the corporate treasury function.
Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.
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