As 2024 draws to a close, the mergers and acquisitions (M&A) landscape has experienced a significant rebound, according to Morgan Stanley Research. Global M&A volume had dropped by 35% in 2023, marking the second consecutive decline and the lowest level since 2004.
Artificial intelligence (AI) is transforming industries across the globe, and treasury, is no exception. AI’s promise of automating repetitive tasks and improving decision-making at an unprecedented speed is reshaping the traditional treasury landscape.
In today’s high-interest-rate environment, multinational companies are increasingly focusing on developing in-house banking capabilities to optimise internal liquidity. Treasurers are collaborating closely with strategic partners to streamline payments, collections, and intercompany loans, ensuring efficient financial management across subsidiaries.
Treasury talks at EuroFinance International Treasury Management
Sodexo, a global leader in food services and facilities management, announced a plan to spin-off its benefits and rewards business in 2023. The new business is known as Pluxee, and specialises in employee benefits and reward solutions, focusing on offering services such as employee meal vouchers and gift cards.
GE Healthcare, a prominent global provider of medical technology and digital solutions, faced a critical challenge with its recent separation from General Electric. As the company charted its own course as an independent entity, it needed to reinvent its treasury function from the ground up.
EuroFinance International Treasury Management was a dynamic gathering that fostered valuable networking opportunities among treasurers from around the globe. Attendees engaged in insightful discussions and shared best practices, making it a hub for knowledge exchange and lively debate. Here are five key takeaways that highlight the trends and strategies shaping the future of treasury.
Roche, a global leader in healthcare and pharmaceuticals, providing innovative solutions to improve patient care and health outcomes worldwide, has transformed its treasury operations with the further integration of Swift’s Global Payments Innovation (GPI) G4C offering via a unified API connection directly to Swift.
Bristol Myers Squibb (BMS), an American multinational pharmaceutical company, has demonstrated resilience and strategic agility in managing its treasury operations.
DEME has been recognised with the Risk Management & Resilience Award from EuroFinance. This award underscores DEME’s strategic initiatives to bolster its treasury operations, particularly its advancements in payment controls and sanctions screening.
UNHCR was honoured with the Technology Transformation Award for its exceptional advancements in treasury and financial technology, demonstrating its commitment to modernising integrations for treasury operations together with banking connectivity to reach the financial ecosystems worldwide.
