HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
In order to meet the needs of China’s multinationals expanding abroad, Safe is overhauling its foreign debt rules so that Chinese MNC’s can better support overseas subsidiaries.
European banks are potentially being priced out of the notional pooling market due to International Financial Reporting Standards (IFRS) and Basel-III implementation.
CT's Working Capital Chronicle has been updated with new cross-border China cash management solutions from Freescale/JP Morgan, Keppel/Standard Chartered, and a commodities trading firm with HSBC.