The new index, created jointly by Dun & Bradstreet and the HKECIC, looks at credit risks, including insurance, payment history and the macroeconomy, across China, the US, Germany, the UK and Canada.
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
A fishbowl discussion at GTR Asia saw an animated debate between ‘frenemies’ - an international banker and three fintech representatives - on how to tackle the persistent $1.5 trillion trade finance gap
Two days of volatility in SOFR, the main contender to replace Libor, has cast doubt on its suitability as a new benchmark rate for corporate financial activity
For companies with decentralised operations, virtual cards make a lot of sense. Facilities management company Sodexo estimates it will save $350,000 using them on travel expenses