Standard Chartered tops the ratings for services rendered in accounts and transaction facilities in Asia-Pacific, based on East & Partners research. Citi, UOB and Hang Seng Bank sit at the foot of the table.
Treasurers and CFOs report concerns over short-term debt and liquidity management transaction banking services they receive, according to East & Partners research.
Transaction banking research from East & Partners reveals the key reasons why companies shift bank and also who is presently owning the share of the primary banking pie in Asia.
The British bank, HSBC, has hired Quang Buu Huynh from Vietnam to Hong Kong to run global trade and receivables business in an effort to drive trade revenue in the bank’s key markets.
Indonesia July PMI reaches 51.4 with strong growth in new orders, HSBC economists show, but other regional manufacturing PMI numbers are dismal for July