The market gyrations continue but over at The Economist, some signs of hope:
largely with the help of generous infusions of capital, liquidity and
guarantees on lending from governments. Yet there are hopeful—albeit
tentative—signs of recovery.
The article goes on to cite three positive omens:
- LIBOR is falling. Three-month dollar Libor fell to 3.535%, lowest since Sept. 24, having peaked at 4.81875% on October 10.
- Banks are starting to loan to one another again
- Markets for longer-term credits for banks are also gradually returning to life as institutional investors regain their nerve.
Read more here.
During her time at Glenbrook, Erin focused on client engagements in business payments, cross-border transactions, bill payment, and the intersection of corporate finance, banking, and ERP/accounting. She has nearly twenty years of experience leading increasingly complex payment initiatives for corporate clients and advising financial institutions and payment technologists on the development of their payment capabilities.
Erin is also the founder of Forte Financial, a consulting firm focused on corporate finance efficiency, technology, and process improvement. She is a past president of the Financial Women’s Association of San Francisco and also a two-term past president of the San Francisco Treasury Management Association. Erin is no longer with Glenbrook, but contributed greatly during her time at the firm.