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Transaction bankingAugust 8 2023

The changing nature of cash and client needs

Laide Majiyagbe, head of financing and liquidity at BNY Mellon, speaks to Liz Lumley about the expansion of LiquidityDirect, recovering from the pandemic and supporting clients during the recent US banking crisis.
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The changing nature of cash and client needs

Q: 2023 has been a year of turmoil for the banking sector, with companies looking for new sources of liquidity. How is the bank working with corporates and buy-side companies to support their liquidity needs?

A: We have many different client segments. The way we’ve designed our liquidity platform isn’t one-size-fits-all. Rather, we have designed it in a way that it meets the needs of our various clients. 

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Liz Lumley is deputy editor at The Banker. She is a global specialist commentator on global financial technology or “fintech”. She has spent 30 years working in the financial technology space, most recently as director at VC Innovations and architect of the Fintech Talents Festival, managing director at Startupbootcamp FinTech London and an editor at financial services and technology newswire, Finextra. She was named Journalist of the Year for Technology and Digital Finance at State Street’s UK Press Awards for 2022.
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