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German lighting producer Osram has been given the “green light” by the PBoC to expand its China pooling structure nationwide. It is working with Deutsche Bank on the upgrade.
With no new growth potential, Asia’s smartphone industry could be entering a period of consolidation.
CT's Working Capital Chronicle has been updated. Deutsche Bank can proudly boast some good work with both the European Commission and Siemens.
HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
CT has provided all the basic tools and know-how to help you get your operations started in the US and Canada.
Misys, a software provider for over 2,000 banks, says that transaction banking systems are moving to broad-based solutions.
Kaushik Shaparia, Deutsche Bank’s Asia-Pacific head of trade finance and cash management for corporates, tells CT what the bank’s new CEO and strategy means for his patch.
India’s central bank grants licences for the new category of ‘payments bank’ to enable non-financial corporations to target individuals without bank accounts.
In this month’s Working Capital Chronicle, HSBC was mandated as LME’s renminbi concentration bank. Meanwhile Deutsche Bank and Citi also run innovative cash deals.