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Mitigating systemic risks when LIBOR expires is all about fallback clauses and the International Swaps and Derivatives Association is taking further steps to firm up the post-IBOR world.
Yang will in December succeed Eric Raynaud, who is retiring after a more than 40-year career in banking, including more than half that time in Asia.
For banks that deal with small businesses and B2Bs, the future lies in the right infrastructure for low-value payments. SWIFT's new pilot aims to run low-value payments on gpi's rails
Banks join 12 others to co-develop trade registry proof-of-concept in move supported by Singapore government and endorsed by lenders’ association.
Keenly awaited by corporate treasurers, a central bank digital currency between Hong Kong and Thailand has taken a further step towards becoming a reality.
CEO apologizes and says lender has recruited 200 staff to fight crime. The bank is now set to increase provisions by a further A$404 mln on top of a A$900 mln charge already taken.
Collaboration comes against backdrop where transaction banking is key to lenders’ profitability while low interest rates crimp income from loans.
The DBS and agribusiness group Wilmar have been the first to use Singapore's alternative to the scandal-tainted LIBOR index
A new league table from East and Partners ranks the top 19 providers by market share. Are you getting the best trade finance from your banking partners?
Citi announces appointment of a 20-year risk and compliance professional as managing director and chief country compliance officer for Australia and New Zealand