Chinese New Year of the Ox
NeuGroup News
February 12, 2021

Happy Neu Year of the Ox

Happy Chinese New Year to all who celebrate it. The Year of the Ox is fitting for our times as we are all working hard to make the most of this period of unprecedented change and disruption. We hope for everyone working to give your best that your work pays off this year! And remember it is not always the first one to finish who is the winner of the race.… Read Full Article
Nelson Hill Pinot Noir
NeuGroup NewsUncategorized
February 7, 2021

The Official Wine of NeuGroup “Tech20”

Nelson Hill Pinot has made several appearances now at the NeuGroup for Tech Treasurers (aka Tech20) meetings. The most recent was last November to kick off the “20 Years of Tech20” celebration (since the meeting was virtual, members got a pre-event shipment). A special label Nelson Hill is the label of Barbara Hill, who helped launch Tech20 in 2001 while the treasurer at Adobe. The idea for NeuGroup’s first peer group was born during a lunch she hosted in the…
The Coca-Cola Company in Shanghai
NeuGroup News
November 17, 2020

AsiaCFO Meeting in Shanghai – Back to Old Times

The NeuGroup for MNC CFOs for greater China meets in person for the first time in 2020. The first NeuGroup to meet again in real life took place last week in Shanghai. “It did feel like the old days,” as one member noted. Since COVID-19 has been effectively contained in China, members in Shanghai wanted to return to a “normal” meeting. Going around the table with projects and priorities sharing, indeed, felt like old times. A unique group As NeuGroup…
Tech20 20 Years
NeuGroup News
November 5, 2020

Tech20 Opens 20th Annual Meeting Roasting Retirees

NeuGroup kicked off the Tech20 Treasurers’ Peer Group 20th Annual Meeting last night with a comedy roast of two beloved members who are retiring from the group. Two beloved members of Tech20 are retiring from the group and were featured with jokes in a virtual comedy show to help kick off the 20th Annual Meeting of the Tech20 Treasurers’ Peer Group, sponsored by MUFG. The opening night also featured some special-guest alumni cameos that will continue throughout the meeting, which…
NeuGroup News
September 28, 2020

Wells Fargo Gives FX Managers a Mantra

Thank you to NeuGroup's FX Managers' Peer Members for sharing and learning with us last week. A big thank you as well to Wells Fargo, including Sharif M. Saba, CFA, Matthew Daniel, Mark Veale and team, for your support and insight. Anne Friberg, we appreciate all you do to help #corporateFXleaders #connectwithneugroup. This meeting's mantra: FX risk management is more important than ever.
Cash & Working Capital
September 25, 2020

Payments Ownership by Treasury and Other Founder KTAs from GCBG 2020 H2 Meeting

By Joseph Neu During NeuGroup’s second meeting of the fall season, Global Cash and Banking Group members discussed a variety of cash and payment topics in sessions sponsored by TIS. Below are a few takeaways I wanted to share. Cash forecasting: one size doesn’t fit all. One member shared the conclusion reached after six months of benchmarking to find an appropriate third-party vendor to improve cash forecasting, that there is no one-size-fits-all solution. The approach has to be tailored to each…
FXTechnology
September 21, 2020

Risk Managers Face an Inflection Point Without a Clear Direction

Key takeaways from the FX Managers’ Peer Group 2 2020 H2 Meeting, sponsored by Societe Generale.   By Joseph Neu  NeuGroup’s second-half meeting season got off to a great start with the FX Managers’ Peer Group 2 last week. Here are some key takeaways:We are at an inflection point, but to what? It feels like we are at an inflection point that requires MNCs to adjust their FX hedging. The reasons include the economic impact of Covid-19 on business, early crisis concerns about liquidity pushing out liabilities, unprecedented monetary intervention…
NeuGroup News
September 18, 2020

HSBC Sponsors AT30 with Aplomb

A big thank you to NeuGroup’s Assistant Treasurers’ Group of Thirty (AT30) members for being part of last week’s H2 opening week. There was a lot of great interaction and in-depth exchanges on some hugely topical issues. One exchange could have used a better undersea cable to Zoom the speaker from across the world, but he still brought his knowledge and perspective effectively over the line. Michael Roberts, David Liao, Jim Kelly, David Wagstaff and the entire HSBC Global Banking…
NeuGroup News
September 18, 2020

TIS Wins Family Feud at Global Cash and Banking Group Meeting

In our second meeting of H2 launch week, NeuGroup's Global Cash and Banking Group members discussed cash forecasting modeling, which is not one size fits all, and requires data to back-test a portfolio of algos to match your portfolio of cash flows to get the cash forecast right. If you work for a company that can't hack it, maybe find one that pays more and lets you work from home. Finally, we tied the solution of our sponsor TIS (Treasury…
NeuGroup News
September 17, 2020

Who Is On the SEK100 Note?

A big thanks to NeuGroup’s FX Managers’ Peer Group 2 members and Societe Generale for getting our H2 meeting season off to a great start. Anna Faustini, Christophe Downey and the entire SocGen team, we appreciate your support! Kudos to Anne Friberg for bringing us all together and making it so we never forget whose face is on the SEK100 note. In a the post-day one cocktail hour, we held a two-part quiz competition. The first part involved a scavenger…