 |
| Non-financial institutions |
| Which ICMs used most globally |
| Best regional cash manager |
| Best domestic cash manager |
| Customers rate lead global ICM's services |
| Financial institutions |
| Which ICMs used most: |
| Globally |
| Europe |
| North America |
| Asia |
| Latin America |
| Middle East |
| Africa |
| Methodology |
Four years ago – as Lehman Brothers collapsed and the world stood on a precipice – a number of the world’s largest banks discovered a gem in their product portfolio. Transaction banking had always been central to many banks’ offerings – without payments the global economy can’t function. However, almost overnight its combination of high returns on equity, annuity-style revenue generation and a sticky customer base made it irresistible for a sector that knew investment banking returns were about to nosedive.