From the Benche

Listen to Kah Chye Tan, Global Head of Trade & Working Capital at Barclays



LIVE from ...

• EM sphere showing decent resilience
• Falling inflation will allow policy flexibility
• Austerity and a new framework are needed to save the Euro
• No ECB or Riksbank rate hike in 2012
• Fed will carry out new stimulus

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400 years of progress?
Although international business is nothing new – indeed, trade has had an international focus for 400 years or more, the past two decades have witnessed a rapid acceleration. Now more than ever, customer and supplier relationships are increasingly cross-border, not only for large multinationals, but for companies of all sizes. This inevitably creates challenges for the financial institutions who service their needs: how can we, as banks, support our customers’ global ambitions without spreading our resources and expertise too thinly? ...

In the Russian securities market foreign investors had for several years only been trading securities OTC. The settlements was executed Free of payment with USD cash payment sent from the buyer once the securities trade had settled. This meant that the seller gave away their securities before receiving the payment and had a risk on the counterparty. After the financial crisis 2008 many foreign investors started to demand DVP (Deliver Versus Payment) settlement. ...