Can you imagine a world without Swift? As transactions limits rise for real time payment platforms, no-fee cross border payments could soon be a reality – starting in Southeast Asia.
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.
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.
Federal Reserve figures show that US firms hold $2.66 trillion in cash – $1 trillion more than usual. CT looks at what’s behind the dash for cash and why it's likely to continue.
New regulations have put the future of notional pooling in question. But Asia's capital controls mean treasurers at some multinationals still see it as key to handling trapped cash in the region.
Calling itself “friendlier than a bank”, Neat top-up cards have made giant strides in the retail market, but now they’re turning their attention to business customers