Banking

And how has cash strategy changed as a result of Covid-19?

Covid-19 notwithstanding, three factors will continue to drive changes in the nature of corporate payments, and treasurers should begin to take action this year.

Companies that may require a loan modification in the next few months should be looking, right now, at exactly what covenant relief they will need, and what concessions lenders may demand in exchange.

Opening accounts in-person is one banking practice Citi hopes doesn't return to normal.

How regulatory and technological changes of the recent past have made the benefits more accessible to a broader swath of businesses.

Some corporations have turned to pricier term loans or new credit lines rather than tapping existing ones, typically to stay in the good graces of lenders as recession looms.