Taiwanese SMEs lost an estimated $6.6 billion in TRF (targeted redemption forwards) after the renminbi’s devaluation in 2015. The question now is who will pay back this money?
The unmet demand for trade finance services yawns widely reaching more than $1.6 trillion. The ICC concludes banks alone will not solve this desperate issue.
After the Barclays fixing scandal, financial analysts are in strong agreement that Libor submissions should be a regulated activity and subject to criminal sanctioning, according to the results of a global CFA ...