Simplicity remains the watchword for treasurers trying to increase returns on their cash reserves.

While the impact on energy is centre stage, the war in Ukraine is also wreaking havoc on soft commodity prices and trade routes. Trade in agricultural commodities is taking a hit. The pool of banks financing these commodities is already dwindling, while the risks for those that remain are growing.

More awareness by corporates of the role played by small suppliers has boosted early payment programmes.

Amid Citi's global restructuring, which brought the bank's treasury and trade solutions and securities services under the same umbrella, Shahmir Khaliq, Citi's head of services, explains how ever-changing client needs are the driving force behind the bank’s evolution.

At SIBOS, Mark Monaco, head of global payments solutions at Bank of America, pulled back the curtain on the strategies driving the bank’s leadership in an exclusive interview with Euromoney. “Success has three ingredients: people, process and technology,” Monaco shared on the bank's ability to stay ahead in an ever-evolving industry.