Covid-19 is shaking up corporate treasurers’ relationship with their banks, and customer preferences are changing, according to a new study by East & Partners (Asia).
Where does Libor live in a bank? Why are banks in Asia not looking at Libor transition seriously? Which bank is racing ahead? It’s been an interesting couple of weeks for Libor transition watchers.
The treasury management system (TMS) provides centralised control, putting all the reins into treasurers’ hands. But do you really need a pricy system when banks are providing some of these services at a fraction of ...
Data, distributed ledger and the death of the document. One of the region’s top transaction bankers spoke to CT about what’s in store for the corporate treasurer
Some of the world’s top companies – also including Roche, GE and others – join Swift’s global payment initiative pilot. But whether other “Swift corporates” will be able to go GPI-active remains to be seen.
German lighting producer Osram has been given the “green light” by the PBoC to expand its China pooling structure nationwide. It is working with Deutsche Bank on the upgrade.
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.
Kaushik Shaparia, Deutsche Bank’s Asia-Pacific head of trade finance and cash management for corporates, tells CT what the bank’s new CEO and strategy means for his patch.