Most airlines hedge fuel expenses. This time, Cathay Pacific failed to predict oil would stay cheap. It is not alone in making this call ... and it wasn't necessarily wrong.
As a dollar-reporting company largely exposed to the renminbi – a currency that is depreciating against the US dollar – what would you do to cut the losses?
The US lender is looking to increase its wallet share among Asia-based multinational corporate clients. Munir Nanji, Asia sales head for treasury and trade solutions at Citi, tells CT how.