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.
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.
ABB, GE, Honeywell and Siemens have already profited from the Belt and Road Initiative. CT tells you how to help your company do so too – while minimising the risks.
As China's currency hits its highest levels since 2015, analysts say it’s not about to end there. That's already leading to steep foreign exchange losses for some Chinese exporters.