Expectations that banks will be able to recoup losses from low interest rates by hiking fees remain unrealistic given the weak overall economic conditions in China and Hong Kong
JP Morgan has expanded the remit of a senior banker, putting him in charge of strategy for the Asia Pacific region while retaining him at the helm of the lender’s Hong Kong operation
Supply chains that once spanned the globe are now coming back home. One of the unintended consequences of the coronavirus outbreak is that it is accelerating the shift.
There's little doubt that Hong Kong and Singapore are facing tough times, but their banks are quietly confident they're tough enough to withstand the earnings pressure
Cash forecasting is one of corporate treasury's major pain points. HSBC is now developing products that aim to eliminate all paper-based requests linked to corporate card spending
Lacklustre returns in Europe and the US means HSBC is going back to what, and where, it knows best … Asia. New products and new people are already poised to recapture its home market
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.
ION Treasury has rolled out a bank fee analysis tool that promises to reduce the manual labour involved in the process. Can machine learning tools eliminate it completely?
Powerful new data analytic platforms are shaking up commercial banking by allowing even smaller banks to compete for billions of dollars in revenues from companies unhappy with the service they are getting from their ...
J.P. Morgan’s wholesale payments team in China shared with CT why corporate onboarding has become so difficult. Meanwhile, a compliance professional at a European bank reveals the myriad challenges that hold up the ...