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
Deutsche Post DHL treasurer Carola Schmitz-Becker is no stranger to efficiency concerns. Being able to receive payments instantaneously has shifted her focus towards improving the group’s e-commerce offerings.
New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.