Is the ABN Amro Exit An Isolated Case?
November 17, 2005 The future of treasury outsourcing may be less bleak than perhaps indicated by the recent decision of ABN Amro to stop offering treasury outsourcing services out of its Dublin IFSC; Note: hereafter treasury outsourcing is defined as the outsourcing of entire treasury functionalities, e.g., cash management/cash pooling in Europe, or FX risk management executions, etc; not the smaller-scale portfolio management type services). Counter points Here are a couple of “counter-indicators” that point to perhaps a consolidation and a rethink, but not a retrenchment, of the market for treasury outsourcing services: 1) Citibank is aggressively building . . . The complete article is available to iTreasurer subscribers only. Login Or Subscribe now.
