How to read your bank's account analysis statement
A line by line guide to the monthly account analysis statement, with an illustrative example and the questions to ask your bank.
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Insights
Treasury and banking insights for CFOs.
Selective, executive-level commentary on cash management, banking strategy, rates, and cross-border financial operations. Published when there is something specific worth saying, not on a schedule.
Bank fees, FX and bank relationships
What your FX spread really costs and how to measure it against mid-market
How to measure the margin inside every FX rate, trade by trade, with an illustrative example and a checklist of where margins hide.
Read insightRunning a bank RFP: how banks score you while you score them
How to structure a bank RFP, score the answers on agreed criteria, and understand how each bank decides how hard to compete.
Read insightWhy European SMEs get the worst pricing from global banks and what to do about it
Why mid-sized European companies often pay standard prices at global banks, where the gap shows up and how to close it.
Read insightThe banking relationship is the most under-managed financial asset
Most corporates are paying meaningful, recurring cost on banking arrangements they have not actively reviewed in years. The asymmetry between bank sophistication and corporate negotiation is the largest single source of avoidable financial cost.
Read insightCash, liquidity and rates
Physical or notional cash pooling for mid-sized multinationals
How physical and notional pooling differ, why fewer banks offer notional pools, and which structure fits a mid-sized multinational.
Read insightTrapped cash and FX controls in Latin America: a treasury playbook
How FX access rules, transaction taxes and registration requirements trap cash in Latin America, with dated country notes and a step by step playbook.
Read insightEU and US rates in 2026: implications for corporate treasury
The divergence between the Federal Reserve and the European Central Bank has reset the calculus for cross-border treasury. We look at what the current rate environment means for funding decisions, FX hedging, and the structure of corporate liquidity.
Read insightCash Management in 2026: from visibility to deployment
After three years of high rates, the cash management agenda has shifted. Visibility is no longer the question, because most treasuries have solved it. The harder problem is deployment: how to convert liquidity into yield, working capital, or strategic optionality without compromising operational discipline.
Read insightPrivate equity and acquisitions
The 100 day banking review for private equity portfolio companies
What a portfolio company's banking review should cover in the first 100 days, how findings enter the model, and how to repeat it across holdings.
Read insightDay one banking after an acquisition: the integration checklist
The banking items that must be ready at close, the order to consolidate banks in the first 180 days, and the failures to avoid.
Read insightTreasury due diligence red flags deal teams miss
The treasury and banking risks standard diligence tends to miss, a cash bridge example and the red flag checklist to run before signing.
Read insightTreasury function, systems and controls
The first treasury policy for a scaling company
What a growth company's first treasury policy should contain, how to size the rules, and who should approve it.
Read insightWhen a company needs an interim treasurer
The situations that call for interim treasury cover, what the role should own, the cost of a gap and how to hand over to a permanent hire.
Read insightTMS or ERP treasury module: how to decide
When an ERP treasury module is enough, when a treasury management system pays off, and why bank connectivity drives the timeline.
Read insightOutsourcing payments and reconciliation to a BPO provider: the controls checklist
The controls to keep in-house, how to set up bank access for provider staff, what belongs in the SLA and how to plan the exit.
Read insightFor consulting firms
What a consulting firm should check before adding a treasury specialist to an engagement
How a consulting firm can tell whether a workstream needs a treasury specialist, and what to check on experience, conflicts and terms.
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Topics
Where we publish
Our commentary focuses on the disciplines where we work.
Treasury & liquidity
Cash visibility, liquidity structuring, working capital, and capital allocation.
Banking & FX
Banking relationships, pricing transparency, FX optimization, and credit structuring.
Cross-border operations
Multi-jurisdiction structures, currency management, and headquarters and local alignment.
Financial infrastructure
Treasury systems, payment architecture, and scalable financial operations.
Rates & macro
Implications of EU and US monetary policy for corporate treasury and funding decisions.
Execution
Practical implementation of treasury, banking, and financial transformation initiatives.
Engage
Discuss your financial priorities with us.
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