The German lender appoints new head of global transaction banking in China. It says the country remains an important growth market as it cuts back elsewhere.
While today's technology makes it possible to process payments instantly, deep-rooted issues such as reconciliation, AML, compliance and FX seriously hamper banks’ abilities to evolve.
Companies in China are more confident than they’ve been for five years, according to the latest survey. But going forward, will the picture always remain this rosy?
Cryptocurrencies' problem is they’re often backed by little more than hope and hype. Bridgecoin, however, says it’s about to change all that. CT looks at its mechanisms and challenges.
From China to Indonesia, Korea and Japan, 2018 will see a changing of the regulatory guard. Will it make a real difference or is it a case of plus ca change?
Cross-investment in related enterprises, an opaque business model at the mercy of regulators and a netherworld of shadowy financial products, Anbang is a signal lesson in what to avoid in China.
As a dollar-reporting company largely exposed to the renminbi – a currency that is depreciating against the US dollar – what would you do to cut the losses?