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Strict admissions requirements for banks are causing rifts with money managers and corporate treasuries

Strict admissions requirements for banks are causing rifts with money managers and corporate treasuries

More than two-fifths (44%) of money managers and corporate treasuries have stopped making international payments. The reason? Their bank ended their relationship with them. This is evident from Bank Circle research among 700 money managers and corporate treasurers (those ultimately responsible for the flow of funds in companies) in northern…

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