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HSBC has promoted Kee Joo Wong tohead of payments and cash management for Asia-Pacific. He replaces John Laurens, who took up the top transaction role at DBS.
Valspar has added renminbi to its global cash pool currencies through a dividend payment to its US headquarters and has future plans for the Shanghai free trade zone (FTZ).
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.