Latest BoE Report : Legacy Banking Arrangements Costing UK Businesses
Latest BoE Report : Legacy Banking Arrangements Costing UK Businesses February 2025: The latest Bank of England data highlights continued concerns for UK businesses: The effective interest rates on corporate banking arrangements remain misaligned with the higher base rates in 2024. This persistent disparity underlines that businesses can improve profitability by updating legacy banking arrangements. With interest rates likely to remain higher for longer this is an issue that must be addressed by Finance and Treasury teams to avoid lost interest margins. …
US Banks Announce Q4 Profits
Companies digest Q4 US Banks Profit Announcements The fourth quarter of 2024 has showcased robust financial performances among leading U.S. banks, reflecting a dynamic economic environment and strategic adaptability. Of most relevance to CFO’s and Finance Leaders is their banks net interest margin income and how this impacts on corporations and US businesses. Higher net interest margins eat into the profits of their customers. …