Blog – 3 Column

Enel Forced to Raise Coupons on $11 Billion of ESG Bonds | Financial Post

Enel Forced to Raise Coupons on $11 Billion of ESG Bonds | Financial Post

Enel SpA, a leading Italian energy company, is set to increase coupon payments on its sustainability-linked bonds (SLBs) after failing to meet its 2023 greenhouse gas emissions reduction targets. This decision affects approximately $11 billion worth of bonds, leading to an additional €83 million ($89 million) in interest payments to investors. This move marks the…

FX Gains and Losses and Balance Sheet Hedging

FX Gains and Losses and Balance Sheet Hedging

This article is written by HedgeFlows Most businesses that trade internationally have FX gains and losses in their accounting systems and, if they are material enough, in their statutory reports. Their accountants often shy away from explaining these numbers to them. Even fewer would dare to guide their clients on minimising such losses. Yet, the…

Changes: Proactively managing business transformations

Changes: Proactively managing business transformations

This article is written by Cobase David Bowie’s timeless track “Changes” challenges listeners to face change head-on and embrace the new, making it an apt metaphor for the dynamic world of business. In this blog post, we’ll delve into the importance of proactive transformation in business, especially within financial operations. We’ll explore strategic approaches to…

Making the Digital Euro Truly Private

Making the Digital Euro Truly Private

The European Central Bank (ECB) is actively working on developing a central bank digital currency (CBDC) known as the digital Euro, with a significant focus on ensuring privacy for users. The ECB’s recent blog post, “Making the Digital Euro Truly Private,” outlines their approach and the principles guiding this development. The ECB emphasizes that privacy…

What are the benefits of digital transformation?

What are the benefits of digital transformation?

This article is written by Trustpair Technology is changing our day-to-day habits and our way of doing business. To set themselves apart in an increasingly competitive market, it is essential for businesses to embrace the new trends of the digital world. The use of efficient software allows companies to meet market demands by increasing productivity…

Reuters FED Interest Expectations

Reuters FED Interest Expectations

The article from Reuters discusses how U.S. Treasury yields remain high due to lowered expectations for Federal Reserve interest rate cuts. Initially, markets anticipated significant rate cuts in 2024, but strong economic indicators and persistent inflation have adjusted these expectations downward. Currently, traders foresee only two modest rate cuts next year. This change has caused…

Top 5 Mistakes Businesses Make With International Transfers

Top 5 Mistakes Businesses Make With International Transfers

This article is written by HedgeFlows International money transfers are a critical component of global business operations. However, the complexities of cross-border payments often trip up even the most experienced financial managers. Here are the top five mistakes businesses make with international transfers, along with essential tips to avoid them and ensure your money reaches…

Money’s Too Tight: Dealing with financial constraints

Money’s Too Tight: Dealing with financial constraints

This article is written by Cobase Simply Red’s “Money’s Too Tight (To Mention)” resonates deeply with anyone who’s faced economic hardships. The song’s lyrics paint a vivid picture of the struggles associated with financial constraints. It mirrors the challenges many businesses face today. In this blog post, we’ll explore effective strategies and solutions that can…

Bunq Unveils its own AI Money Assistant

Bunq Unveils its own AI Money Assistant

Bunq, a prominent European Neobank, has partnered with Mastercard to innovate in open banking by introducing a new generative AI platform named Finn. This move marks Bunq as the first AI-powered bank in Europe, showcasing its commitment to leveraging advanced technologies for enhanced user experiences. To learn more about Bunq AI Finn, check [HERE].  Recommended…