US, LatAm Treasurers Bullish on Business Prospects
Nearly two-thirds of senior treasury and finance professionals in US and Latin America feel more confident about their own business’s prospects in the next year. 62% answered ‘yes’ to the poll question ‘Compared to last year, do you feel more confident about your business’s prospects in the next year?’ A similar percentage – 61% – also said they feel more confident about the US’s prospects in the year ahead.
The poll also found that a resounding 89% of corporate treasury and finance professionals expect to spend more time on compliance in 2015 than 2014, reflecting the increasing regulatory burden in the US and Latin America.
These were the key findings of the ‘Treasury Verdict’ live audience poll, taken at EuroFinance’s 19th annual conference on International Cash and Treasury Management, held in Miami. The session was sponsored by BNP Paribas.
“It’s encouraging to see the degree of positivity in US and Latin American corporates regarding their own business prospects and the US economic outlook,” said Katharine Morton, editorial director at EuroFinance. “Regulation remains an issue of concern, particularly in relation to Basel III compliance for banks and the effects this is having on corporates.”