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.
Notional cash pooling avoids the physical transfer of foreign exchange, reducing FX risk. The US tech manufacturer's Yvione Zhou explains how it works in Asia.
Money stranded in local accounts in foreign currencies is a perennial problem for treasurers. TPV Technology's treasurer tells CT how he worked with JP Morgan to tackle it.