With the help of Standard Chartered, WPG Holdings completed its first renminbi cross-border sweep from its Taipei headquarters to Shanghai on October 21.
Siam Cement Group, Thailand’s second largest company and a bellwether for the country’s growth, is plotting the creation of a regional treasury, possibly in Singapore.
As a group HSBC, Standard Chartered, and Citi are ceding ground in terms how much money their primary customers spend with them, research from East & Partners reveals. At the same time, treasurers in the region are ...
AirAsia is looking to set up a regional treasury centre for the group in Malaysia, CT has learnt. Improving cash visibility and handling foreign exchange risk are key motivations behind the decision.
Working with RBS, Sonepar has successfully implemented a cross-border renminbi cash pooling structure within the Shanghai free trade zone. The first sweep was completed from Hong kong to Shanghai.