Brigitte Volz has been hired by Commerzbank to run cash management and international business for Asia, replacing Guenter Gerke, who is retiring after 40 years with the German bank.
It’s accepted by many as a real and present danger, but there's very little anyone can do about it. This is why the bankers are silent on the matter, naturally preferring to steer the conversation to what they can ...
Taiwan’s central bank has agreed with its counterpart in China to create renminbi clearing in Taiwan. Trade settlements could shoot up to $12 billion by the end of the year as a result.
On June 21 Moody's downgraded the credit ratings of 15 global banks by a number of notches. The markets appeared uninterested but the impact on corporate treasury trade finance will hurt. We ask Olivier Hubert, ...
World trade volumes are dipping across the globe. The only place offering up any positive signs of trade business is Japan where imports are growing well.
European banks are pulling financing out of Asia with Singapore and Hong Kong badly hurt, especially in trade finance. Asian banks are taking some of the slack.