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The bank signs a memorandum of understanding with General Electric and the Trade Bank of Iraq, a sign counterparties are ready to help companies finance Iraqi projects.
Rajesh Mehta will be Citigroup's new head of treasury and trade solutions for Asia Pacific, with Matthew Frohling becoming APAC regional trade sales head for TTS.
The Hong Kong Monetary Authority has launched the Infrastructure Financing Facilitation Office in a bid to secure itself as the top financing hub in the world.