A battle over the soul of supply chain finance is raging as fintechs slam banks as outdated, banks accuse fintechs of being lightweights and the rating agencies who insist that trade credit is not debt
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.
A fishbowl discussion at GTR Asia saw an animated debate between ‘frenemies’ - an international banker and three fintech representatives - on how to tackle the persistent $1.5 trillion trade finance gap
For companies with decentralised operations, virtual cards make a lot of sense. Facilities management company Sodexo estimates it will save $350,000 using them on travel expenses
Jerome Tan, CFO of IMI explains how to manage a successful overseas acquisition, and how to conduct effective due diligence, and prevent unnecessary tax exposure.