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.
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 French MNC worked with BNP Paribas – with which it shared the CT award for best payment strategy of 2017 – on streamlining a series of recently acquired entities.
Rajesh Mehta will be Citigroup's new head of treasury and trade solutions for Asia Pacific, with Matthew Frohling becoming APAC regional trade sales head for TTS.
Sonal Priyanka has been hired away from BAML as Societe Generale’s new regional head of trade for global transaction banking Southeast Asia, India, and Middle East.