The French bank intends to boost its presence in China and the Asia Pacific region. It's promoting three senior staff and poached two from Deutsche Bank.
It's like nothing China's treasurers have seen in the past 10 years; a toxic combination of defaults, US rate hikes, a downturn at home, regulatory interference and trade tensions are killing bond issuance.
In a first for the country's banks, one of China's big-four lenders taps fintech to provide a loan online. The bank says using technology will offer businesses in the agriculture sector easier access to liquidity.
A 20% reserve requirement set by Chinese regulators on dollar/Rmb forward contracts has an instant impact. As predicted, futures contracts are moving offshore.
Treasurers tell CT what a return to the reserve requirement on forward trading – which puts the brakes on renminbi-US dollar forwards – will mean for their operations.
India’s central bank increased the repo rate for the second time in two months, but the potential for a slowdown means these rate increases could also be reversed.
Amid a sinking stock price and a short seller accusing the swimwear manufacturer of fabricating profits and stock manipulation, two executives at Hosa International take a swan dive.
.jpg&h=180&w=240&q=100&v=20150902&c=1)
