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Key articles in the April issue include:

• Cash Management | The Payment Services Directive
  With the November 1st 2009 deadline rapidly approaching, we explore the provisions outlined in the Payment Services Directive and the impact they will have on banks and corporates.
  
  
• Treasury Management | Setting up a shared service centre
  Shared service centres play an important role in driving efficiency and reducing operating costs.  We discuss the benefits and disadvantages of SSCs and the factors to consider when setting one up.
  
  
• Risk Management | What if a bank fails?
  The failure of Lehman Brothers in 2008 highlighted the need to manage bank counterparty risk. We explore the exposures a corporate may face if a bank fails and consider how these can be managed.


• Corporate Finance |Raising finance in difficult times
  With the ongoing financial crisis and economic downturn, companies are struggling to raise much-needed capital.  We look at the strategies companies are adopting in order to secure funding in the current market. 

  
  Special features in this issue:
  

  Bank Interview | Shahrokh Moinian, Head of Corporate Cash Management Sales, Western Eu