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Taiwan elevator Manufacturer Hong-Wei is using benchmark-rate gaps on deposits to earn interest and establish a natural hedge.
Hong-Wei Electrical Industry delivered Rmb2 million in loans to its subsidiary in Kunshan, China via Standard Charted through an intercompany loan.
The Hong Kong-based jeweler is using the renminbi more; accepting renminbi cards in Hong Kong and using the liquidity to fund China.
Bank of America Merrill Lynch has hired away former Barclays Bank India head of multinational corporates, Meeta Makhan, to be its India head of global transaction services.
Real estate investment trust Sunlight decided to cut its hedged debt from 100% to 70% to increase net income.