It started as a crackdown on wealth management products; now it threatens credit to the real economy. Here's why China’s regulators may now need to sue for peace.
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.
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.
From a small Hong Kong office, a state-owned giant manages billions that bankroll global energy projects. Now, it's looking at taking its cash-pooling solutions global.
New rules imposing capital floors are being keenly debated – especially among German, French and Japanese banks. The outcome could be critical for corporate treasurers in emerging markets.
Singapore’s tax authority rolls out new rules on transfer pricing reporting. Multinationals will have to invest in people and resources to ensure they are compliant.
Vietnam Bank for Agriculture and Rural Development has signed up for Swift’s Know Your Customer (KYC) Registry. Similar initiatives could help treasurers get onboarded with banks faster.