Mahesh Kini becomes head of global transaction banking for China while retaining role as German lender's head of trade finance for cash management for corporates, China.
Low-level bankers who can only say no will make way in age of automation, panel hears – leaving talented seniors to make decisions for key customers such as corporations.
Big tax cuts and a Trump spending splurge are set to keep the dollar strong, FX experts say, while the shock election result is unlikely to derail a December rate hike.
India's central bank proposes change to rules that force subsidiaries to settle their own hedging transactions, a move that would cut costs and improve efficiency for MNCs.
Days left to respond to RBI's MNC FX derivatives plans; China to take hold of shadow banking OTC market: IFRS mulls financial statement changes... and more.
*Chongqing and Singapore to seal deals worth $1.6 bln under third X-border initiative
*Indonesia eyes CCP establishment for derivatives by 2018
*China eases FTZ investment rules
Commodities are unlikely to enter a full-on bull market phase in 2017, but are still expected to present buying opportunities for investors and treasurers.
The deal between the two payments systems could improve corporates' ability to manage renminbi, their relationships with suppliers, and lower the cost of renminbi transactions, market experts claim.