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.
Digitisation has the power to improve processes, increase visibility and enhance a treasurer’s influence within a company, according to new ground-breaking research.
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.
*Hong Kong launches fintech sandbox
*SFC designates CCPs for OTC derivative transactions
*PBoC to rule China’s bond market
*Korea opens world’s first Fintech Open Platform
The US lender is looking to increase its wallet share among Asia-based multinational corporate clients. Munir Nanji, Asia sales head for treasury and trade solutions at Citi, tells CT how.
*China outlines reserves rule for foreign bank FX trading
*GMFA objects to proposed Basel III revisions on cash pooling
*Singapore confirms steps against financial cybercrime
After the emphatic "No" vote by Greece’s electorate to agree to Europe’s credit terms, CT has leafed through market research reports to deliver a quick guide to the implications for Greece, Europe, Asia, and major ...