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Kaushik Shaparia, Deutsche Bank’s Asia-Pacific head of trade finance and cash management for corporates, tells CT what the bank’s new CEO and strategy means for his patch.
India’s central bank grants licences for the new category of ‘payments bank’ to enable non-financial corporations to target individuals without bank accounts.
When the Hong Kong subsidiary of a US firm gets phished for $47 million, treasurers laugh, then check their control processes.
A ‘retention of title’ clause that could protect suppliers of failed companies is being underused in Hong Kong and Asia.