He leaves the Australian financial firm after transforming its commodities and global markets division, and despite being widely tipped as likely to succeed current CEO Shemara Wikramanayake.

Corporates continue to exhibit worrying levels of complacency when it comes to the implications of rate rises for their bottom line.

Former bank examiner Alessandro DiNello stresses resiliency of deposits as NYCB strives to build capital after higher provisions and ratings downgrades.

Citi’s head of Asia treasury and trade solutions has retired after 40 years at the US bank. He tells Euromoney what he would do if he were a 20-something graduate today, and why it helps to be both a specialist and a jack-of-all-trades in the industry now.

Investors will be hoping that the fall in the value of Bitcoin since US regulators approved the listing and trading of spot Bitcoin exchange-traded products is not a sign of things to come.

Internal and external reforms are under way as the new president signals a break with the previous administration.

Trade-receivables securitization transactions are flourishing as corporates seek more affordable access to long-term financing.

Uneven progress towards financial market reform across the continent continues to pose a challenge for ambitious African corporates.

While the world’s biggest markets are still preparing for T+1 settlement, talk is growing of the next step – but going any faster would mean a total reworking of how markets function.

The Sino-Swiss corridor, set up to encourage Chinese firms to sell global depositary receipts to international investors in the European state, took off fast in 2022. But a host of challenges, from Chinese regulatory concerns to an apparent lack of global interest, has stalled its progress.

Corporates are adopting a variety of approaches to mitigate the impact of uncertainty in foreign exchange markets caused by divergence in economic policy and performance.

The London Stock Exchange Group’s head of sustainable finance strategic initiatives wants climate data to redefine the act of indexing.

Implementing real-time payments can have consequences for corporates who underestimate the impact of cash leaving their business more quickly. Even as solutions become cheaper to implement, corporates are being cautious.

Ambitious brokerage firms have precipitated a shift in demand for FX licences, with interest in regulated European and Asian markets on the increase at the expense of offshore jurisdictions.

Proposed regulatory changes will not dull treasurers’ appetite for money-market funds, even if interest rates are cut more aggressively than expected.

Many companies still ignore the contribution that properly resourced treasury teams make to corporate performance.

Is the CME’s new spot FX marketplace further evidence of the trend towards futures and options trading, and away from private deals?

Elevated inflation and interest rates have focused treasury attention on the importance of diversification, particularly for those with an environmental, social or governance focus.

A team of once-public sector bankers and officials is launching a new private equity fund that aims to identify ‘climate winners’ from the transition to a decarbonized economy. It has identified key industries but its central thesis is regulation.

Outgoing supervisory chair Andrea Enria warns against ‘complacency’ – despite higher capital ratios at eurozone banks – as he announces new requirements on banks to tackle investment-banking leverage, liquidity shortages and leveraged finance risks.

Strategic adjustments, such as those resulting from mergers or acquisitions, represent a valuable opportunity for corporates to enhance their payment infrastructure.

Siemens is anchor client for a new rules-based approach to banking.

The chief executive of Newton Investment Management is a forthright believer in the power of active investors to effect change at the companies they invest in, and thinks tinkering with market rules is unlikely to boost the appeal of London-listed equities.

Many corporates are realising the benefits of intercompany netting on FX risk, trading and cash-flow visibility.

Spoiled for choice, FX brokers have become more strategic – and selective – when it comes to choosing liquidity providers.

The commodities firm still needs large banking groups and a range of options when it comes to supporting its operations.

More and more bond trading is automated. As volatility now shifts from rates to credit that will provide a stern examination of new trade execution tools.

While many African countries experienced lower interbank FX turnover and saw their foreign-exchange reserves dwindle last year, there are grounds for optimism that 2023 will turn out to be a better year at both regional and national level.

The sovereign pushed hard on its first use-of-proceeds green bond, but a sustainability-linked bond was not seen as a practical option for now.

The use of AI for ESG reporting and assessments is spreading, and regulators can’t keep up. Lenders need to factor in a new set of governance risks that are hard to identify.