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.
Tim Monger takes on an expanded role as Citi’s head of the North & East Asia (NEA) cluster, whilst Amol Gupte will become the bank’s head of the South Asia & ASEAN (SAA) cluster.
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.