Ukraine Turmoil Wreaks Havoc on Treasury and Finance Groups
Treasury and finance executives whose companies do business in Russia and the Ukraine are seeing the effects of the mounting crisis on their bottom lines. The ruble’s exchange rate has plummeted, corporate borrowing is more expensive, and sanctions against individual banks are complicating cross-border payments.
Treasury, Finance Get Proactive About Climate Change—Or Else
Treasury and finance professionals who focus less on short-term earnings and more on big environmental and social challenges will be the ones who come out ahead in the long run, argued author Andrew Winston, opening keynote speaker of the 10th Annual CTC Corporate Treasurers Forum.
Turmoil in Ukraine is Wreaking Havoc on Treasury and Finance
Treasury and finance executives whose companies do business in Russia, the Ukraine, and other former Soviet republics are feeling the effects of the Crimean crisis on their bottom lines. The turmoil has caused the ruble’s exchange rate to plummet, making it more expensive for companies to import goods and to service existing debts. The crisis is also making it more difficult for companies to borrow money. In addition, sanctions against individual banks are complicating cross-border payments.
China’s Stagnating Economy Could Seriously Impact SME Suppliers
Chinese factories are facing significant production overcapacity, an unwelcome development that could disrupt supply chains of foreign multinational corporations doing business there, especially those working with small and midsize suppliers.
Survey: AFP Releases Key Benchmarks for Companies Calculating Cost of Capital
The methods that financial professionals typically use to assess the future performance of their organization’s strategic investments are critical to future success. A new report, Current Trends in Estimating and Applying the Cost of Capital, released today by the Association for Financial Professionals (AFP), allows companies to compare techniques against those of other organizations.