In a panel on cash strategies, treasury groups and member practitioners divulged their strategies for dealing with what’s coming in 2015, including ditching banks who charge on deposits.
StandChart and Ford remit RMB dividends; WPG Holdings and Pentair implement two-way renminbi sweeping in the SFTZ with Stanchart and Citi; Shell awards global RMB mandate to StanChart.
Basel III proposals requiring banks to report intra-day liquidity will severely stifle correspondent relationships, but the infrastructure could be valuable to companies.
The US securities regulator has dramatically altered the shape of the US money market fund industry by imposing new restrictions on how funds are valued. Asian investors may not immediately be affected, but should ...