Banks & Service Providers

The infrastructure giant's return to the offshore renminbi market will help fund railway, renewable and electricity projects around the world.

The Australian exchange has also hired a COO, and a clearing and settlement managing director.

Aymar de Liedekerke Beaufort has taken on the transaction banking remit alongside his role as head of Apac global banking.

The US Federal Reserve has increased the benchmark interest rate to a target range of 3.75% to 4%. On September 18, the Bank of Japan raised rates by 0.25% to 1.25%.

The bank said connectivity to China’s cross-border payment system will support more efficient Renminbi settlement.

A trial has applied HKD stablecoin to logistics and hospitality-related payments, while Thailand has expanded a blockchain payment test.

The global bank has named heads of trade for Japan, North Asia, South Asia, Australia, the Middle East and Africa.

The AI firm paired the $3bn convertible with a share placement, with proceeds earmarked for model development and business expansion.

As agentic AI moves closer to treasury decisions, it's prompting a push for stronger governance and oversight.

The banks used tokenised deposits on Swift’s ledger and the move could open up more services within corporate treasury.

The Rmb-denominated aircraft and transition loan will be used by subsidiary China Cargo Airlines for a new plane to reduce emissions.

The syndicated deal from five banks will help the new firm build GPU cloud infrastructure in Indonesia alongside Nvidia.