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
Payments and collections-related services have become the centerpiece of Citi’s treasury services strategy, propelled by the proliferation of online transactions. The bank's chief of treasury and trade solutions in ...
Hong Kong and Singapore are both on the verge of introducing virtual lenders into their markets, but both are taking a contrasting approach to online-only banking. CT takes a look