With wholesalers still facing unprecedented business uncertainty and volatility, it has never been more crucial to focus on key drivers of profit margins such as currency costs. And the third quarter of the year presents particular challenges for the sector: with the buying season for Black Friday and Christmas in full swing, invoices are falling due. The ability to manage foreign exchange risk at this time of year may be the difference between a profitable peak season and a slide into the red.
We are pleased to have experts from the industry and Santander’s Risk Solutions Group to provide us their views of the sector, the importance of it and its recovery. The significant increase in volumes of international trade since the pandemic has spur the discussion of economic and currency trends, and how businesses can manage their margins during a period of volatility by taking prompt action.
The webinar is hosted by John Carroll, Santander’s Head of International & Transactional Banking, and joined by speakers Richard Lim, CEO, Retail Economics; Stuart Bennet, FX Strategists, Santander S.A (London Branch); Nathan Hutchings, Head of Risk Solutions and Sukh Nat, Head of Wholesale & Retail from Santander UK.
Santander Corporate & Commercial is a brand name of Santander UK plc (which also uses the brand name Santander Global Corporate Banking) and Santander Asset Finance plc. Registered Offices: 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom. Registered Numbers 2294747 and 1533123 respectively. Registered in England and Wales. Santander UK plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 106054. You can check this on the Financial Services Register by visiting the FCA's website www.fca.org.uk/register.