HSBC has hired Sriram Muthukrishnan from Standard Chartered as its new Asia-Pacific head of business development for global trade and receivables finance.
DBS tops the ratings for receivables financing services provided in Asia-Pacific, based on East & Partners research. Standard Chartered and HSBC closely follow, but J.P. Morgan lags.
Betty Fan, senior consultant at Element Consulting Group, an advisor of shipping companies and manufacturers, shares her insight on how companies can improve their cash flow when liquidity is tight.