The Financial Crisis of 2008-2009 has dramatically changed the landscape for Corporate Banking, and posed new challenges for corporate Treasurers. Many of the corporate banking giants of the past are struggling for survival. Healthy global banks are looking to capitalize on competitive strength to expand their customer base at the expense of their weaker competitors. New players are aggressively expanding into mid-sized corporations as a driver for growth. Technology innovations are revolutionizing the corporate banking, treasury, and cash management functions, allowing “one stop shopping” and elimination of waste and redundant systems for many mid-sized corporations.
