"We're trying to read the tea leaves of what the Russian government is most concerned about when they have threatened foreign companies that have halted operations or pulled out of Russia," said Thad McBride, a partner with Bass, Berry & Sims.
Russian alternative to SWIFT may begin processing bilateral payments to and from India, providing a path for Russia to bypass the strict Western sanctions regime.
Although lending will always be front and center in due diligence around prospective banking partners, other treasury capabilities should play a large role in the decision as well.
In this unique time of disruption, U.S. businesses face a challenging marketplace in which interest rates are not only historically low, but may possibly go negative. Here's how treasurers can achieve their operating cash goals in this unprecedented environment.
