JPMorgan is leveraging blockchain technology to let clients program their accounts to automatically move funds in response to certain conditions—such as to cover overdue payments and margin calls.
The 2023 AFP Liquidity Survey found that treasurers are reducing bank deposits and moving investments toward more secure vehicles, reflecting the U.S. economic climate of 2022 and the bank failures of 2023.
China, Thailand, Hong Kong, and the UAE are collaborating to develop mBridge, a multi-CBDC bridge, that promises cross-border settlement in seconds rather than days.
Corporate treasurers in companies at all points on the credit-rating spectrum are coping with more than a year of interest rate hikes by cutting costs and paying down debt.
Deloitte managing director Brenda Ciampolillo explores the implications of new research suggesting nearly half of companies will divest a business unit this year.
"Overall, domestic banks have ample liquidity, ... [but] prime and tax-exempt money market funds, as well as other cash investment vehicles and stablecoins, remained vulnerable to runs."
