Two influential companies are now working with a US-headquartered fintech company to provide a working capital solution to aid their supplier base, CT has learnt.
Given EM’s increased dependency on FX debt, the world is in dire of need of the restructuring tools to deal with the potential fallout from rate tightening, Bank of Thailand chief warns.
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Since the 2008 financial crisis, the hotel business has picked itself up from an unpleasant slump. But the industry is coming under pressure from multiple sources.
BAML’s Asia-Pacific head of transaction banking, Ivo Distelbrink, has parted ways with the US bank, CT has learnt. A successor has also been announced.
RBS executives in Asia plan to encourage non-core transaction banking clients to transition to HSBC as part of its broader exit from the market, CT has learnt.