Joseph Neu

A big thanks to NeuGroup’s FX Managers’ Peer Group 2 members and Societe Generale for getting our H2 meeting season off to a great start. Anna Faustini, Christophe Downey and the entire SocGen team, we appreciate your support! Kudos to Anne Friberg for bringing us all together and making it so we never forget whose face is on the SEK100 note. In a the post-day one cocktail hour, we held a two-part quiz competition. The first part involved a scavenger…

Following a Netflix webinar last week sharing their initiative to support and build Black communities, NeuGroup brought members together for a Virtual Interactive Session this week on Corporate Finance and Treasury Actions in Support of Racial Justice and Equity. We have heard considerable interest from member companies in building on their D&I, ESG (Social) and CSR initiatives to support Black stakeholders and Black communities more broadly. In reaction to this, we brought treasurers and other finance leads together virtually to:…

In our second Virtual Interactive Session this week, Societe Generale sparked member interest in the state of fiscal and monetary policy in the wake of Covid-19 and how this will play out for rates and FX management. Albert Edwards, global strategist at Societe Generale, kicked things off with his not-the-House-view remarks on the Japanification of the US and its implications for deflation (he sees a rising risk of it for now) and the dollar (declining). Unprecedented Fed intervention directly into…

In our latest members-only Virtual Interactive Session today, NeuGroup connected members of our Global Cash and Banking Group with select members from across the NeuGroup Network and HighRadius. The objective was to share and learn how to navigate volatility with artificial intelligence and improve both cash forecasting and automation during this crisis. What’s a Virtual Interactive Session? A virtual interactive session (VIS) is a distilled version of a NeuGroup meeting in a virtual format. It is one of the new…

NeuGroup thanks Peter Filipovic and his team at Starbucks for being our member launch partners with the NeuGroup for Retail Treasury. We appreciate all you and the other members who were part of the pilot shared so that others could learn from your experience. The same should be said to U.S. Bank for sponsoring the pilot series, especially Judy Kelly and Paula DiPonzio Regan. You did a great job of bringing in relevant subject-matter experts and listening to members on topics that matter. On behalf of all who…

In response to Covid-19, since March 2020, NeuGroup has conducted some 190 virtual meetings on Zoom: Regular NeuGroup Meetings. 1-2-day virtual NeuGroup annual and bi-annual meetings, replacing in-person off-sites (with multiple sessions and shared breaks) that are no longer possible for health and safety reasons Crisis Check-Ins. 60-90-minute COVID-19 crisis response check-ins, with 15-30-minute expert updates from selected partners, practitioner breakouts to share experience, questions and expert insight, while learning about customer/prospect challenges and needs; ending in a share back…

Like several of  our member companies, NeuGroup added Juneteenth to our official company holiday list last week.  At NeuGroup last week, June 19 moved from a regular Friday to a company holiday celebrating Juneteenth, the oldest nationally celebrated commemoration of the ending of slavery in the United States.  On June 19, 1865, Union soldiers, led by Major General Gordon Granger, landed at Galveston, Texas with news that the Civil War had ended and that the enslaved were now free. This…

Congratulations to Goldman Sachs on the official launch of their transaction banking service. Goldman Sachs is entering the cutthroat and increasingly crowded world of corporate cash management determined to play the role of innovative disruptor—no easy task. A cornerstone of Goldman’s strategy is a product whose name is familiar to many corporate treasury professionals but that is not fully understood by all of them: virtual accounts. We are pleased to support Goldman Sachs in their effort to help build a…