Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
DBS is leveraging new technology to allow it to provide digital trade financing to more than 1,000 suppliers in logistics supply chain ecosystem within 24 hours
HSBC is offering treasurers self-managed virtual account management capabilities in Hong Kong and Singapore, pipping Citi whose solution only extends as far as Europe
European banks are still mired in problems of how to offer competitive notional pools to clients. New regulation is set to change this, but not until 2020.
From Kasikornbank in Thailand to HDFC in India, large corporates increasingly turn to local Asian banks over global players to meet their corporate banking needs in Asian markets.