LATEST ARTICLES

TRUST AND AGENCY SERVICES

CLOs: weathering the storm CLOs: weathering the storm

Despite market volatility, concerns about rising levels of underlying asset defaults, and lower levels of issuance, collateralised loan obligations (CLOs) are holding strong in tough times. flow reports on the market’s pulse at two recent CLO events and finds it in a stressed yet stable condition

CLOs: weathering the storm More

SUSTAINABLE FINANCE, FLOW CASE STUDY

Iberdrola: pioneering the renewable energy revolution Iberdrola: pioneering the renewable energy revolution

Making net-zero happen by 2050 as global energy demand ramps up looks more doable when utilities commit to clean energy assets for powering their grids. Spain’s Iberdrola worked this out 20 years ago and, as flow’s Clarissa Dann reports, the vision is paying off

Iberdrola: pioneering the renewable energy revolution More

CURRENT EDITION

CASH MANAGEMENT

CASH MANAGEMENT, MACRO AND MARKETS, SECURITIES SERVICES

Digital currencies: the ultimate soft power? Digital currencies: the ultimate soft power?

Central bank digital currencies (CBDCs) are the vehicle for central banks worldwide to develop their own digital payment alternatives. Not only are emerging market economies ahead of developed ones in launching them but CBDCs are also emerging as a soft power tool at a time of geopolitical volatility. flow’s Clarissa Dann provides a summary of a recent Deutsche Bank Research report

Digital currencies: the ultimate soft power? More

CASH MANAGEMENT

Has cash flow forecasting become obsolete? Has cash flow forecasting become obsolete?

At a time when crises and ‘unprecedented events’ seem to have become the norm, Helen Sanders assesses the value of cash flow forecasting when the future is impossible to predict, and considers what the alternative might be

Has cash flow forecasting become obsolete? More

CASH MANAGEMENT, TECHNOLOGY

APIs and the reality of real time APIs and the reality of real time

The vision of the real-time treasury has been on the horizon for years, but today the opportunities – and genuine use cases to meet treasurers’ day-to-day objectives – are manifest. As Helen Sanders reports, the challenge is not the technology, but the shift in mindset and enterprise prioritisation that is required

APIs and the reality of real time More

TRADE FINANCE

TRADE FINANCE, MACRO AND MARKETS

Supply chains rewired? Supply chains rewired?

Minerals – and their shortages – can make and break supply chains. As nearshoring becomes the preferred strategy for securing essential inputs in times of geopolitical volatility, how does this impact trade flows? Trade economist Rebecca Harding explains

Supply chains rewired? More

TRADE FINANCE, MACRO AND MARKETS

Angola’s rebound Angola’s rebound

Angola was once top coffee producer and could feed its people but is now dependent on hydrocarbon exports to finance foodstuff imports. flow’s Clarissa Dann reports on how enlightened government reforms are attracting investment and lending to support long-term energy and food security

Angola’s rebound More

TRADE FINANCE

Fighting trade-related fraud Fighting trade-related fraud

With fraud fast becoming one of the biggest risks for global trade, flow’s Clarissa Dann takes a closer look at the vulnerability of trade finance to criminals and protection measures being deployed

Fighting trade-related fraud More

DOSSIER SUSTAINABLE FINANCE

Iberdrola: pioneering the renewable energy revolution

SUSTAINABLE FINANCE, FLOW CASE STUDY 

Iberdrola: pioneering the renewable energy revolution

Making net-zero happen by 2050 as global energy demand ramps up looks more doable when utilities commit to clean energy assets for powering their grids. Spain’s Iberdrola worked this out 20 years ago and, as flow’s Clarissa Dann reports, the vision is paying off

More

Greening Henkel’s supply chain

FLOW CASE STUDY, SUSTAINABLE FINANCE

Greening Henkel’s supply chain

Henkel is using its position as a key buyer to incentivise suppliers to pursue more sustainable practices. flow’s Clarissa Dann explores the critical role of the company’s supply chains in this transition and how sustainability-linked supply chain finance programmes are driving change

More

Cities under threat

SUSTAINABLE FINANCE, MACRO AND MARKETS

Cities under threat

Although COP27 at least kept the global climate change conversation going, agreement and common frameworks still seem some way off. flow shares insights from two Deutsche Bank reports setting out some practical next steps

More

FLOW CASE STUDIES

Greening Henkel’s supply chain

FLOW CASE STUDY, SUSTAINABLE FINANCE

Greening Henkel’s supply chain

Henkel is using its position as a key buyer to incentivise suppliers to pursue more sustainable practices. flow’s Clarissa Dann explores the critical role of the company’s supply chains in this transition and how sustainability-linked supply chain finance programmes are driving change

More

A new suite of virtual accounts for home24

FLOW CASE STUDIES, CASH MANAGEMENT

A new suite of virtual accounts for home24

home24’s success as an online furniture platform is founded on effective process automation. flow explores how virtual account numbers help provide the efficiency needed to sustain the company’s rapid growth

More

Roche’s treasury transformation journey

FLOW CASE STUDY, CASH MANAGEMENT

Roche’s treasury transformation journey

The Roche Group treasury team has been on an ambitious journey since 2004, and this has since proved a model for treasury functions around the world. With the implementation of virtual accounts a pivotal step, flow charts treasury’s transformation to become a strategic business partner for the Group

More

SECURITIES SERVICES

SECURITIES SERVICES, MACRO AND MARKETS

China’s post-zero-Covid investment boom China’s post-zero-Covid investment boom

Since China dropped its restrictive zero Covid-19 policy, foreign financial institutions and asset managers have renewed their appetite for Chinese securities. At the same time, the Middle Kingdom’s financial institutions are looking offshore in search of diversification beyond their domestic market. flow explains the advantages of working with banks with fund custody licences in China

China’s post-zero-Covid investment boom More

SECURITY SERVICES, MACRO AND MARKETS

Digital assets – from exuberance to utility Digital assets – from exuberance to utility

The boom in digital assets over recent years has been driven more by investor “magical thinking” than by practical considerations, suggests two Deutsche Bank Research reports by Marion Laboure and Cassidy Ainsworth-Grace. flow’s Clarissa Dann reports on the volatile journey towards mainstream asset adoption so far

Digital assets – from exuberance to utility More

SECURITIES SERVICES, REGULATION

A delicate balance Finding crypto equilibrium

Regulations cannot effectively manage human integrity, and Deutsche Bank’s Boon-Hiong Chan reflects on finding a delicate balance between protecting investor safety and the need for digital assets to continue their evolution in the light of the recent crypto firm collapses

A delicate balance More

MACRO AND MARKETS

Asia holds its ground in Q2

MACRO AND MARKETS, SECURITIES SERVICES

Asia holds its ground in Q2

In the latest Asia Corporate Newsletter, Deutsche Bank Research notes that the US banking crisis has lent strength to global economic headwinds, but Asia is well positioned to withstand the buffeting, with China’s reopened economy as a key driver. flow provides a summary of the report’s insights

More

Asia Q1 – From high jump to long jump

MACRO AND MARKETS, TRADE FINANCE

Asia Q1 – From high jump to long jump

In the first Asia Corporate Newsletter of 2023, Deutsche Bank Research Strategist Mallika Sachdeva reflects on key economic pivots underway in Asia – China’s scrapping of its zero-Covid policy and the Bank of Japan’s initial steps to exiting ultra-easy monetary policy. She also shares insights on the impact of all of this on Deutsche Bank’s currency and commodities views and what this means for corporates’ FX and raw materials hedging strategies

More

Cloud of recession

MACRO AND MARKETS

Cloud of recession

In April 2022, Deutsche Bank Research made headlines by reporting that central banks’ battle to rein back inflation at the expense of global growth would precipitate recession in 2023. As 2022 draws to a close, the team reconfirm the economic storm clouds while highlighting their silver linings. flow’s Clarissa Dann reports

More

TRUST AND AGENCY SERVICES

TRUST AND AGENCY SERVICES

CLOs: weathering the storm CLOs: weathering the storm

Despite market volatility, concerns about rising levels of underlying asset defaults, and lower levels of issuance, collateralised loan obligations (CLOs) are holding strong in tough times. flow reports on the market’s pulse at two recent CLO events and finds it in a stressed yet stable condition

CLOs: weathering the storm More

TRUST AND AGENCY SERVICES, MACRO AND MARKETS

CLO ETFs come of age CLO ETFs come of age

flow takes a close look at the collateralised loan obligation (CLO) ETF market – a nascent yet growing asset class that combines two of the most significant securities innovations in decades

CLO ETFs come of age More

TRUST AND AGENCY SERVICES

Buoyant in Barcelona: Asset-backed securities Buoyant in Barcelona: Asset-backed securities

Asset-backed securities (ABS) continue to attract investor appetite and drew delegates to the 2022 Global ABS conference in Barcelona. flow reports on key themes and takes a closer look at insights into the auto ABS sector and collateralised loan obligation (CLO) structuring

Buoyant in Barcelona: Asset-backed securities More

REGULATION

Who is your counterparty?

CASH MANAGEMENT, REGULATION

Who is your counterparty?

Eliminating duplicative activities is essential for financial institutions seeking to provide added value to clients during the performance of underlying client checks. flow takes a closer look at how the Global Legal Entity Identifier Foundation has come up with a neat solution to address this

More

A brave new SDR world?

SECURITIES SERVICES, REGULATION

A brave new SDR world?

With the Central Securities Depositories Regulation (CSDR) Settlement Discipline Regime (SDR) having come into force on 1 February 2022, mandatory buy-ins for market participants that fail to settle a trade within a set period was postponed. flow provides a summary of the impact

More

Regulation and splinternet

REGULATION

Regulation and splinternet

A concept first envisaged a decade ago, the splintering of the internet is moving closer to reality as regulation attempts to impose both limitations and new responsibilities, reports Boon-Hiong Chan of Deutsche Bank Corporate Bank’s Market and Technology Advocacy team

More

DOSSIER ASEAN

DOSSIER ASEAN, MACRO AND MARKETS

The Philippines: Pliant like the bamboo and poised for growth The Philippines: Pliant like the bamboo and poised for growth

As the Philippines heads towards its national elections in May 2022 and grapples with Covid-19, flow highlights the country’s resilience and potential for those investing in and trading with ASEAN’s second largest market

The Philippines: Pliant like the bamboo and poised for growth More

DOSSIER ASEAN

Heirs of Lac Long Quan (Vietnam) Heirs of Lac Long Quan (Vietnam)

Vietnam has managed to weather the Covid-19 pandemic better than many Asian economies. flow examines what underpins this resilience and how it is driving flows of foreign direct investment and export growth

Heirs of Lac Long Quan (Vietnam) More

DOSSIER ASEAN

Indonesia’s place in the sun? Indonesia’s place in the sun?

Indonesia’s Omnibus Law seeks to boost foreign investment, jobs, and trade. flow examines its background and the opportunities this could bring as the country recovers from Covid-19 economic shock

Indonesia’s place in the sun? More