As the deadline for migration to SEPA credit and direct debit standards fast approaches, and the payment services directive comes under review, efforts to harmonise the European payments landscape are being kicked up a gear. As momentum gathers, Edith Rigler (BNY Mellon Treasury Services’ Business Strategy and Market Solutions Market Manager) provides EMEA Finance with a wider perspective on the ramifications and benefits for the payments industry:
Following the publication of Siemens Financial Services’ whitepaper ‘Making the Difference: Why the changing landscape is creating an expanded role for captive financing institutions’, CEO Roland Chalons-Browne was profiled in Infrastructure Journal. In the article, he discusses the major changes taking place in today’s project and equipment supply financing landscape, and explains SFS’s expanded role in this new environment.
To read the full article, please click here
On January 14th, BNY Mellon announced two new appointments to its Treasury Services EMEA management team. Bana Akkad Azhari has taken on the role of head of relationship management for MENA, while Cihat Takunyaci has become head of relationship management for Turkey, Russia, CIS and Israel. Moorgate’s dissemination of the news saw a number of hits including key publications such as City AM and EMEA Finance.
Moorgate subsequently arranged for EMEA Finance to interview Akkad Azhari and Takunyaci, resulting in a full write-up of their expanding roles and plans for the region in this month’s printed magazine:
To read the article, please click here (please note, this link lies behind a paywall)
Given the current economic climate, providing end to end transaction banking solutions for construction projects is crucial – not least due to specified amounts allocated on a particular project, as well as the complexity of payments schedules. Through an article in Construction Today David Aldred from Citi describes how Indian construction company Larsen & Toubro (L&T) streamlined its project’s transaction banking requirements to allow maximum control and transparency, and how similar companies can learn from L&T’s experience.
Following the results of late-2012’s Attitudes to Transaction Banking survey, Global Trade Review and BNY Mellon – facilitated by Moorgate – gathered a group of experts in the transaction banking business to discuss key concerns facing the market today. The survey and subsequent roundtable discussion focused on a number of key industry talking points, including trade, liquidity, foreign exchange and regulations.
To read the full article, please click here (please note, this link lies behind a paywall)
As liquidity-driven factors continue to push up leverage ratios, there is justifiable concern that debt multiples will reach the unacceptably high territory of pre-crisis markets. However as Graham Olive, Head of Acquisition and Strategic Finance for Northern Europe at Natixis, explains in a commentary for Real Deals, this is not a universal or unsustainable trend. If we look at the bigger picture, he says, we will see that markets have matured to provide tailored and diversified sources of finance.
To read the full article, please click here
Following the announcement that Pierre-Henri Denain, Natixis’ Senior Country Manager for the UK, was appointed Head of the bank’s EMEA platform (further to his existing duties), Moorgate reached out to the media to ensure the news was circulated to a select list of tier-one journalists and specialist press.
The appointment, which signals a boost for the wholesale bank as it looks beyond France into key growth areas, was subsequently published in City A.M, Bloomberg News (wire service), International Financing Review, Euroweek, EMEA Finance and Unquote. It also sparked interest for future interviews from tier-one titles that are due to be carried out this month.
Current volatilities in the financial markets are having a deep and lasting impact on the funding environment for companies, as proposed regulations are likely to lead to banking constraints, reducing the supply of long-term debt. In light of these trends, Moorgate interviewed nine executives from Siemens Financial Services (SFS) and helped SFS put together a white paper, entitled ‘Making the Difference: Why the changing landscape is creating an expanded role for captive financing institutions’, specifically focusing on how ‘captives’ can take on a heightened role in generating financial solutions to support their value chain.
Moorgate was tasked with expanding the news reach in the UK, by setting up press interviews with SFS’s CEO Roland Chalons-Browne on the day of the release. We targeted journalists from titles relevant to the white paper’s themes – such as The Financial Times, The Economist, Infrastructure Journal, and Project Finance International – and arranged for them to meet with Roland for one-on-one interviews at a venue in the city. This provided the ideal setting for a discussion on key trends – not only in infrastructure and equipment supply financing, but those in the broader global financial environment too.
As the commodities industry continues to adapt to the new environment of constrained liquidity, Natixis’ Dominique Fraisse – head of global energy and commodities – speaks to Metal Bulletin’s Mark Burton about the changing mechanics of trade finance, Natixis’ plans for expansion, and new opportunities:
As part of gtnews’s February focus on Latin America’s rising stars, BNY Mellon’s Dino Sani (head of treasury services, Latin America) takes a look at Mexico – a country that has built on a swift recovery to the global financial crisis and is now striding ahead, fuelled by increasing regional and international trade. While short-term challenges remain, the long-term potential of its strengthening trade sector suggests a bright future for the economy as a regional powerhouse:
To read the full article, please click here (please note, free log-in to gtnews is required)