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5 Steps to Better Treasury Management

South State Correspondent

If one product is the future of banking, it is treasury management. In this article, we detail the five steps to building a treasury management strategy, provide some tools to execute those steps, and then provide a complimentary survey to assess your strengths and weaknesses. It starts by targeting the right customers.

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Why You Need To Use Funds Transfer Pricing in Banking

South State Correspondent

FTP was introduced to banks in the early 1980s to help manage interest rate risk on a transactional basis. FTP gained further focus after the 2007 financial crisis when financial firms failed partly because of the lack of funds transfer pricing application and rigor. Funds Transfer Pricing Framework.

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Should You Be Marking Loans To Market?

South State Correspondent

It was back in August of 2007 when credit spreads started to widen. By late 2007, liquidity started to dry up and credit spreads were materially wider. By late 2007, liquidity started to dry up and credit spreads were materially wider. If only banks would have heeded the warning in 2007. A Short History of Asset Marks.

Marketing 195
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Fed To Credit Suisse: Improve Anti-Money Laundering Practices

PYMNTS

operations, Reuters reported. Credit Suisse said it is committed to meeting the terms “in a timely and thorough manner,” and it is already working on a “extensive enhancement plan” for its New York operation, Reuters reported. The bank failed to freeze 35 million francs that were part of a 2007 seizure order.

New York 151
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Does your bank achieve positive operating leverage?

Jeff For Banks

When a significant portion of your cost structure is fixed, then growing revenues should generate positive operating leverage. Clearly, part of this consolidation wave was attributable to FIs striving for economies of scale and positive operating leverage. billion in acquired assets between 2000 and 2007.

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eBay Agrees To Sell StubHub In $4.05B Deal

PYMNTS

It also brought on board members as part of its settlement with Starboard Value LP and Elliott Management Corp. eBay has owned StubHub as of 2007, at the time that it purchased the company for $310 million. Elliott had noted that the classified business of eBay could sell for $8 billion to $12 billion and StubHub could sell for $3.5

Online 161
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Nigeria’s Paga Buys Software Firm Apposit For Global Expansion

PYMNTS

Nigerian digital payments startup Paga is expanding its operations with the acquisition of Apposit , a software development startup based in Ethiopia, as reported on Wednesday (Jan. incorporated but operates in Addis Ababa – to support that expansion into East Africa and Latin America,” the article indicated.

Software 130