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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.
With two new hires in place in Singapore, global coordination, Citi ramped up its treasury advisory team in a market where competitors have struggled for business.
Jun To, a former PepsiCo CFO and treasury centre specialist, has taken up a role as CFO of the Intercontinental Hotel Group.
HSBC has appointed longtime banker for large companies Steven Cranwell as its new commercial banking head for Singapore.
Regus International’s head of global treasury support, tells CT why Manila was the perfect location for its treasury centre.
Tan Siew Meng has been appointed as HSBC’s new regional head of global trade and receivables finance. She was previously the CEO of its Thailand operations.
Arnon Goldstein has been promoted to regional head of sales and relationship management, treasury services, for BNY Mellon
As several Asia-Pacific corporates consider acquisitions in more mature markets, Olivier Grandval, corporate treasury manager at PwC Hong Kong, identifies underlying opportunities.
Raof Latiff will round out HSBC’s payments and cash management (PCM) team as the bank’s head of product management for PCM in Asia-Pacific.
In the latest churn in leadership at RBS’ global transaction services (GTS), Carole Berndt, global head of RBS GTS, will leave the bank to be managing director for ANZ global transaction banking.