Setting up an in-house bank offers significant benefits for multinational companies, but is often perceived as complex and expensive to set up.
Modern technology is making the experience smoother, but asking the right questions before starting out is still essential. On 1st July 2021 we assembled a small group of corporate treasurers online to work out just what those questions should be - and perhaps provide some answers.
We were joined by Jeremy Hamon, head of group finance at London-based Primetals Technologies, who shared his own team's experience of successfully establishing and developing an in-house banking structure over several years (you can a preview of that in this article)
Our aim is for treasurers to learn from the experiences of their peers in a safe environment, in a discussion moderated by Treasury Dragons regular, Mike Hewitt.
Our meetings are held under the Chatham House Rule to preserve confidentiality, and as we can’t yet meet in person we send lunch to our guests in the form of a luxury hamper.