The Tokyo-headquartered global bank is looking to expand its corporate banking and DCM business in China, at a time of heightened geopolitical tensions and economic uncertainty. Two senior execs explained to CT why.
Hai, who will be based in Shanghai, has worked across a variety of roles within Citi's markets business in Singapore, Taiwan, Hong Kong and mainland China.
On the sidelines of an event discussing Hong Kong’s latest budget, Fung shared his views with CT on treasury management at a listed property giant, including liquidity, ESG and digitalisation.
Ranking the region as ninth globally by GDP, the bank looks to support emerging corporates as they navigate the unique challenges and opportunities presented by the Greater Bay Area.
Wu Bin and Saurabh Mundhra have been appointed head of trade for Hong Kong and mainland China, and Hong Kong head of core cash management, respectively.
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.
New online lending regulation for small businesses to further constrain microloans and preempt systematic risk, especially from informal lending by fintechs, ratings agency says.