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JOIN US THE RISE OF BITCOIN 5 KEY TRENDS “The price of Bitcoin is based on volume and the volume is based   on   volatility.   The   more   media   coverage   there   is,   the    more   people   talk   about   it,   the   higher   the   volume   of   trades    and the higher the volatility.” Yoni Assia, eToro Before   the   crypto-currency   can   make   the   transition   –   and   become    less   scary,   and   more   accessible   to   the   public   –   it   needs   to   overcome    this   catch-22   situation:   increasing   liquidity   and   reducing   volatility. IN GLOBAL TRANSACTION BANKING 2013 Read more > SOUL SEARCHING IN FINANCIAL INSTITUTION SIGNS OF CONVERGENCE CASH MANAGEMENT’S POPULARITY REGULATORY CONSEQUENCES “The question is not just who can provide the best products and services – which are vital – but which provider is going to stay long-term in this business.” “We brought cash and trade together and evolved the sales team to be more multinational and more client segment based.” “Before   the   ﬁnancial   crisis,   corporates    didn’t focus as much on the availability of cash or counterparty risk exposures. Now these areas are seen as paramount.” “The European Commission’s model brings a risk that banks & other card issuers will be forced into new fees.. which will have to be funded by card-holders in other ways.” Richard King, Bank of America Merrill Lynch UK Cards Association Jiten Arora, Standard Chartered Marcus Sehr, Deutsche Bank The scale of the regulatory challenge is prompting an unprecedented level of soul-searching among the world’s FLs. Financial   institutions   are   now   slowly   but    surely integrating their multi-product corporate-focused   business   streams. The countercyclical nature of cash management makes it perfect for correlated   trade-ﬁnance   business. The   unintended   consequences   of   regulatory    intervention, created new challenges for the banking   industry,   not   least   future   proﬁtability. Read more > Read more > Read more > Read more > Copyright:   All   material   subject   to   strictly   enforced   copyright   laws.   ©   2014   Euromoney   Institutional   Investor   PLC 1| |2 PREVIOUS NEXT PREVIOUS NEXT

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