As a group HSBC, Standard Chartered, and Citi are ceding ground in terms how much money their primary customers spend with them, research from East & Partners reveals. At the same time, treasurers in the region are ...
AirAsia is looking to set up a regional treasury centre for the group in Malaysia, CT has learnt. Improving cash visibility and handling foreign exchange risk are key motivations behind the decision.
Utilising subsidiaries’ cash at the group level has become vital as more Asian corporates move onto the international stage. Bank independence is viewed as the Holy Grail of treasury.
A survey of India’s top companies reported general satisfaction with their banking relationships, although services in money markets, short-term debt, and liquidity management fared less well, according to East & ...