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As part of the restructuring, Nestor was tapped to lead a newly formed decision intelligence products and platforms team, moving from his previous role as global head of product at Kraft Heinz. You can unsubscribe at anytime. Dipping into AI Earlier in the year, Kraft Heinz reorganized its technology governance structure.
Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?
But with added speed comes added risk. When it comes to processing payments, it’s better for a bank to be “always on,” says Debopama Sen, Citi Services’ head of Payments in the Treasury and Trade Solutions business. Why settle for slow? There are several reasons why deal activity is more vibrant, Soni says.
Some feel it defies logic for them to depend on foreign banks to offer services such as foreign exchange, treasury, cash management, and payment offerings. A conservative approach to riskmanagement saw the bank post $164.3 A severe drought is forcing the restructuring of agriculture loans. The bank raised $232.5
Rising external interest rates, a weak economic recovery and riskmanagement challenges put neighboring Macau’s banking environment under pressure. Total asset value grew 27% over the year, and the bank continued to restructure loans that had become nonperforming during the pandemic.
Cean: No, we usually want to make sure that we’re hitting on riskmanagement, so we look at insurances. And the four pillars are the financial plan, riskmanagement, so just checking all their what-if scenarios that something…a husband dies, wife dies, long-term care, disability. Is it at 1.5%?”
The bank continues to embed artificial intelligence in its processes with an AI-driven credit-assessment model for greater efficiency in credit decisions and improved riskmanagement. The bank restructured its distribution model in 2024 to provide enhanced client service.
Even if they will decide to provide moratorium or restructuring of their accounts – the question is the same for everyone – can their clients afford to service the payments, either for interest-only or manage the new amortizations? Liquidity is a major issue for the credit markets. It is the lifeblood of the industry.
RITHOLTZ: So late ‘80s, early ‘90s, you’re a VP for an advisory firm that leads some sovereign debt restructurings and transactions in both South America and Central America. To lead the bank’s efforts in investing in sovereign debt restructurings and to bring our clients along was a great experience. KOENIGSBERGER: Yeah.
Because if you’re a riskmanager at a bank and all of a sudden the reserve flow is not coming your direction anymore, you’re the expectation that is, it will go the opposite direction. First time in decades, treasuries and investment grade corporates, it’s, it’s an attractive yield at five 5.5%.
It’s, it’s no different But, but inherently in futures, a whole lot more leverage, a whole lot more risk. How fundamental was that to your learning about investing, trading riskmanagement, starting with futures? Hank Paulson had left to go become treasury secretary. I said, treasury can. Made sense.
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