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.
News the fintech startup has signed a deal with a top-ten US bank has improved its share price, but will it – eventually – improve your treasury operations? CT takes a look.
Treasurers in Hong Kong are eyeing a US rate hike in September, but as uncertainty lingers – and the gap between the rates in HK and the US remains – the HKMA is left to bail out the currency.
Bank Indonesia governor pledges to reduce reserve burden for Islamic banks and those holding foreign currency deposits, in move to reduce the impact of US rate hikes.
From today Chinese financial institutions no longer have to set aside 20 per cent of the value of dollar purchases. For treasurers, that means lower costs and an opportunity to hedge.