Shocks in the Euro Zone - How Corporate Treasurers Can Minimize Fallout
RBS Addresses Impact of Debt Crisis at Association for Financial Professionals Gathering
BOSTON, Nov. 3, 2011 /PRNewswire/ -- "With the Greek debt crisis and political unrest shaking the core of the euro zone and stock markets worldwide, companies are bracing for more financial fallout," says Stephen Boyle, head of the Group Economics team at RBS. "Corporate treasurers are facing an environment fraught with risk, and these macro risks can have a very direct impact on how they manage their cash flows."
Amid this uncertainty in the euro zone, financial executives are gathering next week at the Association for Financial Professionals Conference in Boston. On November 8, at 10:30 AM EST in Room 107C, RBS will present "Europe Evolving: A Forward View," a session on the current volatility in Europe and how this will affect corporate financial strategy both immediately and into 2012.
Mr. Boyle, leading the discussion, will address up-to-the-minute developments in Europe related to the potential default and collapse of the Greek government and how corporate treasury professionals can prepare for currency instability.
"The risk factors surrounding the euro zone can leave financial executives wondering about what they will wake up to next," says Mr. Boyle. "It is important to stay nimble and respond to these dramatic changes strategically so that companies don't fall short."
For more information, or to speak with Stephen Boyle, please contact Davia Temin or Jim Daniels of Temin and Company at 212-588-8788 or [email protected].
The Royal Bank of Scotland Group (RBS)
The RBS group is a large international banking and financial services company. Headquartered in Edinburgh, the Group operates in the United Kingdom, Europe, the Americas and Asia, serving more than 40 million customers. The Group provides a wide range of products and services to personal, commercial and large corporate and institutional customers through its two principal subsidiaries, The Royal Bank of Scotland and NatWest, as well as through a number of other well known brands including Citizens, Ulster Bank, Coutts, Direct Line and Churchill.
SOURCE The Royal Bank of Scotland Group
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