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A massive KYC drive is reportedly under way at Deutsche Bank. It has asked around 1,000 investment banking customers to present company ownership information by the end of June
The intensifying spat between the US and China could push refinancing costs sky high for corporates in Asia-Pacific heavily exposed to the dollar, S&P Global Ratings warns.
Amid warnings to embrace new reference rates, corporates in Hong Kong are happy to maintain the status quo until their banking partners step up to the plate and act.
Corporate treasurers have been braced for a volatile year of interest rate hikes, but the latest move by the Fed is signalling that the peaceniks are gaining the upper hand