ICBC’s Singapore branch can now provide renminbi cross-border settlements. What factors will help Singapore to rival Hong Kong as a renminbi hub and what will it mean for the CNH? CT asks the experts
Treasurers, CFOs and sell-siders delivered their verdicts over the future of funding in 2013 during the second annual Asia-Pacific Corporate Funding Forum held in Hong Kong on March 6th.
Transaction banking research from East & Partners reveals the key reasons why companies shift bank and also who is presently owning the share of the primary banking pie in Asia.
Dodgy-looking cash transactions surge 29% in Hong Kong. Police have attributed the jump to "improved awareness" from financial institutions since anti-laundering laws kicked in in April.
Taiwan’s central bank has agreed with its counterpart in China to create renminbi clearing in Taiwan. Trade settlements could shoot up to $12 billion by the end of the year as a result.
IOSCO and the Basel Committee have proposed collateral-tasty requirements for non-centrally cleared derivatives trades. They are hopeful regulators across the globe will adopt the same standards to reduce regulatory ...