Asia regional treasurer of General Mills Christopher Emslie tells CT why it ignored the bad press to choose troubled German bank DB for its cash and liquidity management offering
HSBC and BNP Paribas are behind a blockchain-enabled letter of credit for a bulk shipment of iron ore between Australia and China, cutting a two-day process down to two hours
Banks disagree on the foreign exchange implications of the PBOC’s announcement of a wider renminbi trading band, but advise SMEs to switch to invoicing in renminbi.