Low-level bankers who can only say no will make way in age of automation, panel hears – leaving talented seniors to make decisions for key customers such as corporations.
Blockchain experts have a chance to help China develop an official digital currency. The move could hint at good news for treasurers on tax, capital control and trade.
Compliance professionals were treated to a series of engaging talks on topics such as Myanmar sanctions and anti-corruption efforts at the 5th Annual Compliance Summit North Asia.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
*China outlines debt-for-equity swap plan
*Hong Kong to set up financial enforcement teams
*Basel Committee reports progress in finalising global regulatory framework
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules