It has become the first foreign bank to implement domestic mutual fund custody and wholly foreign-owned enterprise (WFOE) private fund custody in China.
Storing up cash might have been necessary during the bleak winter hibernation of Covid-19, but the buzz of activists presages the spring-like onset of the ‘recovery era’.
Following the crypto moves by corporate treasuries at Square, Tesla and MicroStrategy, is the inclusion of Hong Kong-listed beauty app Meitu a sign of things to come?
A new paper by SWIFT and Accenture explores how to take the role of central bank digital currencies (CBDCs) in cross-border payments to the next level.
