Banks began processing international renminbi payments through China’s new cross-border interbank payment system (Cips) sparking wide acclaim from participants.
Treasurers and CFOs have gotten used to easy access to capital, but Bach Johann "BJ" M. Sebastian chief strategy officer of JG Summit, holding Cebu Pacific, URC, Robinsons Land Corporation, and Robinsons Retail ...
PBoC changes deposit reserve calculation for banks; APEC ministers commit to standard tax and trade barriers; Basel III monitor shows banks largely compliant
Pentair's senior treasury director Terri Scherber takes CT through its new automatic renminbi sweeping and how it is integrating China into global treasury.
As China signs onto an intergovernmental agreement to comply with US FATCA regulations, questions remain about formats and deadlines, but its reach is inescapable.
ANZ has gone live with its mobile payment app that allows treasurers to approve payments on the go. The lender is Australia's first local bank to venture into the mobile app space for companies.
The British bank, HSBC, has hired Quang Buu Huynh from Vietnam to Hong Kong to run global trade and receivables business in an effort to drive trade revenue in the bank’s key markets.