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Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
A recent McKinsey report states slowing Chinese growth coupled with digital headwinds could see the bigger fishes eat the smaller fishes across the world of Asian banking.
The latest regulatory news, including updates from China, Singapore, Hong Kong, India, Malaysia and Pakistan.
Southeast Asia is in need of billions of dollars worth of infrastructure to sustain economic growth. China’s One Belt, One Road initiative may yield the finance needed.
AkzoNobel is the forerunner in centralising payments. The company extended its ambitious project to Asia, with some creative twists.
BPOs and e-document presentations show benefits for large corporations, but traditional trade finance is vital for the small players.
Aurangzeb Bozdar, group finance controller of Premier Oil, talks to CT about refinancing, project finance and hedging risks.
It is time for the ICC to adopt fairer and more equitable practices for distributing its key trade guidelines.