The two partners plan to offer digital treasury management as a service, targeting smaller banks in India and the Philippines, in addition to lenders in Northern Europe and North America.
Supply chains that once spanned the globe are now coming back home. One of the unintended consequences of the coronavirus outbreak is that it is accelerating the shift.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
The days of paying in US dollars between corporate treasuries in four ASEAN countries could soon be numbered following an agreement between Thailand, Indonesia, Malaysia and the Philippines
Sanjiv Vohra has left his position as CEO of RBS India, after joining the bank in June, to take a role as head of corporate banking coverage, Asia-Pacific, for Deutsche Bank.
The British bank, HSBC, has hired Quang Buu Huynh from Vietnam to Hong Kong to run global trade and receivables business in an effort to drive trade revenue in the bank’s key markets.