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Although sections of the market seek an extension to the date for phasing out Libor, treasury officials, bankers and lawyers say they are working under the assumption there won’t be any delays.
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
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
MAS renews plan to establish KYC storehouse; HK and PBoC to collaborate on CBDC; MAS unleashes AI based compliance tool; BoT eases capital restrictions amid baht volatility
DB boosts its Asia transaction banking business in Asia against a backdrop of major job cuts for the German lender. However, it has some way to go to build market share and reputation.
Emerging economies in Asia are embracing green finance at a faster rate than initially anticipated, a senior banker who specialises in the field told the Corporate Treasurer