The French bank intends to boost its presence in China and the Asia Pacific region. It's promoting three senior staff and poached two from Deutsche Bank.
With 60 banks now part of the Swift global payments initiative (gpi) network carrying out payments worth $100 billion a day, real-time cross-border funds transfer with full traceability is on the horizon
For corporate treasurers already mired in the costly, slow and opaque world of cross-border payments, ether could offer a real solution: real-time, cost-free, “crypto-payments” with the need to buy cryptocurrency.
The tit-for-tat trade war is escalating and for embattled corporate treasurers it means manning the foreign exchange bunkers. CT looks at the situation in the currency trenches.