Carole Berndt, head of RBS’s head of global transaction services at RBS, explains the importance of remaining motivated and discusses the thinking behind the division's recent spate of senior hires.
Latest articles from Transaction Banking
Senior executives from the transaction banking industry discuss the latest industry trends, the state of regulation and the hunt for the next generation of transaction bankers.
Cash management is growing in importance, but negative interest rates, the regulatory fallout from the financial crisis and an increasingly complex political landscape are colluding to make life difficult for transaction bankers and corporate treasurers.
The speed at which technology advances is almost impossible for regulation-laden banks to keep up with. This makes judging which technological innovations created by more nimble, pure tech companies to adopt all the more important.
Banks are recognising the importance of transaction banking to global operations, pushing it up the hierarchy of their organisational structures and reaping the rewards of a more holistic client experience.
Rajesh Mehta, Citi regional head of treasury and trade solutions for Europe, the Middle East and Africa, says there are more similarities than differences between the different markets he has worked in around the globe.