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Citi and Standard Chartered have been awarded mandates by Bharti Airtel to manage the telco’s cash across India and 17 markets in Africa.
Qoo10, a joint venture between eBay and the founder of Korean company Gmarket, needed a more efficient way to process its high volume payments.
The US bank has added notional pooling to its global liquidity cash management platform. The project has been in the works since 2009.