International Treasurer Year in Review: Europe, Elections, Rules and More
Although year-end brought a hint of certainty, 2012 saw a continuation of the challenges born of the financial crisis. Here is International Treasurer's list of the Top Ten stories that best described 2012.
Continuing the theme of the last several years, 2012 was a tumultuous 365 days. And International Treasurer had the stories to prove it.
In no particular order, the top story lines depict the on-again, off-again concerns with Europe and the prospect of a Greece or other Eurozone countries exiting the euro; changing dynamics in global treasury organization deemphasizing centralization in the US or Europe to help focus support on business in growth areas of the world; continued trouble in developing economies that hinders their ability to take up the slack for slower growth in the US and Europe; the changing nature of credit and counterparty risk assessment as post-crisis responses have become part of the new every day; the rapid change taking place in banking and the impacts on bank relationship management; and, finally, the growing impact to be felt from fiscal imbalances plaguing public sector institutions, while so many private-sector corporations have been hoarding cash.
See iTreasurer.com for the full list of top ten stories here.