It seems treasurers are hard to please. Based on research compiled by East & Partners, the level of satisfaction of transaction banking services in Asia is misaligned with the quality of service they are getting.
Korea is seeking to reduce its reliance on US dollars as a trade currency, and hoping to tap its swap line with China more. CT asks is this a sound strategy?
It’s accepted by many as a real and present danger, but there's very little anyone can do about it. This is why the bankers are silent on the matter, naturally preferring to steer the conversation to what they can ...