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Pacific Andes, once the world's biggest fish filleter, suspected by New York bankruptcy trustee of using cash raised to buy fish to fund $800 million takeover. The group denies the claim.
As the virtual currency's value explodes, one expert sees a day where it becomes a vital part of the treasury arsenal ... or even replaces the corporate treasurer entirely.
China's central bank hopes beefing up a central registration system will lead to an injection of working capital for SMEs. Here's why it could instead cost companies big.
China’s central bank is pushing large companies and banks to get on board in a bid to relieve cashflow pain among China’s small businesses.
The British bank's global head of sales and client management is to 'pursue other opportunities' as StanChart revamps its operations.
The Indian FMCG is working with the State Bank of India to provide non-recourse working capital financing for key distributors in India. CT explains how.
The central bank is now making it easier for renminbi to be remitted, but conditions still apply. Treasurers in China are, however, holding fire until more information is available, CT understands.
ANZ’s transaction banking head lays out the bank’s Asia institutional banking strategy
Corporate treasurers are becoming more open to working and investing into technology startups that can solve specific business issues. Flexible partnerships are now the order of the day, it seems.
The Japanese bank has hired Vivek Batra head of transaction banking sales in Asia & Oceania, the latest in a string of external hires.