The Global Treasurer

Stay up to date with the latest trends and developments in corporate treasury and finance. The Global Treasurer Newsletter brings you essential updates, expert analysis, and in-depth reports on treasury strategies, cash management, and financial innovation. By subscribing, you’ll receive: - Industry news - Expert analysis and opinion pieces - Insights into treasury best practices Stay informed and get ahead with The Global Treasurer. Sign up here: https://lnkd.in/dzY3e6Kd #CorporateTreasury #FinanceNews #TheGlobalTreasurer

Have you explored NUMARQE's guide on embedded credit?     If you’re looking to simplify treasury and accounts payable, this guide, "Why Embedded Credit is Transforming Treasury, Accounts Payable, and Procurement," breaks down how businesses are improving cash flow, automating workflows, and boosting security.    Download the full guide to see how embedded credit can help you: https://lnkd.in/dbktpeHm

Wall street revival? Read all about it in the third edition of The Global Treasurer's Weekly LinkedIn newsletter!

Last week we asked which topics you'd like us to cover - #CashRepatriation came out top. So this week we've taken a look at the U.S. Supreme Court’s recent ruling in Moore v. United States. The ruling upholds the mandatory repatriation tax (MRT) under the 2017 Tax Cuts and Jobs Act, impacting U.S. shareholders in foreign corporations by taxing retained foreign earnings—whether repatriated or not. For corporate treasury teams, this decision means that holding earnings offshore may no longer provide the tax advantages it once did. Treasury departments now need to reassess how to balance tax liabilities with liquidity and FX risks. 📖 Read our full article here: https://lnkd.in/edW329aD #CorporateTreasury #CashRepatriation #TaxStrategy #MoorevUS #CashManagement #Compliance #FXRisk #TreasuryManagement #LiquidityManagement

The latest Beige Book from the Federal Reserve uncovers some surprising economic twists. Inflation might be cooling, but U.S. consumers are shifting their spending to essentials and discount goods, reflecting a cautious economic mood. The Global Treasurer Team has gone through and picked out the core findings: ➡ Employment & Wage Trends: Where steady hiring meets sector-specific labor shortages. ➡Cost Pressures: Inflation cools, yet costs for healthcare and insurance rise, squeezing profit margins. ➡Real Estate & Lending: Commercial property vacancies and stricter lending standards shape the credit landscape. Read the full analysis here 👉 https://lnkd.in/egyJBVGX #CorporateTreasury #BeigeBook #EconomicInsights #FinanceStrategy #FederalReserve #TreasuryManagement #Inflation

Is your finance team overwhelmed by manual processes and security concerns?    Numarqe's latest booklet explores how automated workflows are helping businesses save time, reduce errors, and improve security in their treasury and accounts payable processes. Plus, see how real companies are already benefiting from these changes. Download the full embedded credit booklet to learn how automation could streamline your financial operations: https://lnkd.in/dbktpeHm

🌍 AI and ESG are transforming treasury practices! Our Global Treasurer Q3 Audience Intelligence Report is now available, highlighting the critical trends treasury leaders are focused on, from ESG regulations to AI integration. 💡 Key insight: Treasury professionals are prioritising risk mitigation and leveraging AI to stay competitive in a volatile market. Want to understand what’s driving their decisions? 👉 Download the report here: https://lnkd.in/gDfeWptN #Treasury #ESG #RiskManagement #AI #AudienceIntelligence

⚠ Goldman Sachs has been banned by Consumer Financial Protection Bureau from launching any new credit cards unless it can demonstrate it's ability to comply with federal law. The restrictions come off the back of the bank being fined $89 million, alongside Apple, for mishandling credit card disputes and misleading consumers about interest free payment options. Read The Global Treasurer's full analysis here: https://lnkd.in/em_rXd6J #TreasuryInsight #CreditCards #Compliance #Payments

👀 In case you missed it... German software giant SAP delivered impressive Q3 results, with cloud revenue surging 25% to €4.35 billion and operating profit up 29% to €2.21 billion. The company has raised its 2024 outlook, reflecting growing confidence in its business transformation. Key highlights: ➡ Cloud and software revenue forecast increased to €29.5-29.8 billion ➡ Operating profit outlook lifted to €7.8-8.0 billion ➡ Cloud backlog grew 25% to €15.38 billion ➡ Free cash flow up 44% to €1.25 billion AI integration is emerging as a significant growth driver, with many Q3 cloud deals including AI use cases. The WalkMe acquisition (€1.3 billion) adds capabilities to help navigate technological change. Major global players including eBay, Mondelēz International, and Rolls-Royce Power Systems have chosen SAP's cloud solutions. 📰 https://lnkd.in/e7J8x93W #SAPResults #DigitalTransformation #CloudComputing #FinancialTechnology

🔄 Major restructuring announced at HSBC today as CEO Georges Elhedery unveils plans to reorganize the bank into four key divisions, splitting operations between eastern and western markets. The creation of a unified corporate and institutional banking division under Michael Roberts signals a significant shift in how the banking giant will serve its global clients. This comes alongside the historic appointment of Pam Kaur as the bank's first female #CFO. What caught The Global Treasurer's attention is how this restructuring appears to navigate the growing complexities of East-West relations while maintaining HSBC's unique position as a global banking bridge. The Financial Times reports a targeted $300M in cost savings, but the real story here is about adapting to an increasingly fragmented global financial landscape. Key changes: ➡ Four new divisions: Hong Kong, UK, Corporate & Institutional Banking, and International Wealth ➡New geographic split between eastern and western markets ➡Executive committee reduced from 18 to 12 members ➡Strategic Clients Group created under Greg Guyett Implementation starts January 1, 2024. This could set a precedent for how global banks balance regional autonomy with integrated international services. #Banking #GlobalFinance #Leadership #FinancialServices #HSBC