Although sections of the market seek an extension to the date for phasing out Libor, treasury officials, bankers and lawyers say they are working under the assumption there won’t be any delays.
Last month, Lear Corp had hundreds of staff waiting to be paid. The corporate treasury at the U.S.-based company told CT how it called on its banking relationship with J.P. Morgan to get the payroll through
Ever since Chinese regulators lowered the red-tape barriers to green bonds, there’s been an outbreak of issuances. It might be good for treasury working capital, but is it healthy?
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.
China is at the vanguard of the new payments revolution and nowhere is set to feel the pain more than China’s banks. A new report outlines just how deeply new fintech is cutting into China’s bank revenues
J.P. Morgan’s wholesale payments team in China shared with CT why corporate onboarding has become so difficult. Meanwhile, a compliance professional at a European bank reveals the myriad challenges that hold up the ...
A recent Goldman Sachs report estimates that capital flows worth $4bn have been lost to Singapore as a result of the recent HK unrest. Where does this leave Hong Kong as a corporate treasury hub?