Corporate treasurers are beginning to worry about how few banks are capable of providing a decent and reliable international cash management service. Euromoney’s first annual poll of corporate users of cash management services drew detailed responses from treasurers at 129 international companies spread across 44 countries.
The results are alarming. Just two banks – Citibank and Deutsche Bank – clearly emerge as the leading providers, with HSBC, ABN Amro and JPMorgan comprising a chasing pack trailing some way behind.
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