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HSBC’s strategic push to Asia promises explicit investment in transaction banking platforms and lending rates set to undercut existing lenders*, but the shift will be far less substantial than presumed.
UPDATE: SWIFT may be squeezed out of China’s International Payment System (CIPS) planned initial launch in September.
AMP, a FinTech consulting company now making loans, generates local funding and learning processes to help SME treasurers.
The Hong Kong government has stressed that transactions through the Hong Kong financial system will continue despite protest-induced branch closures.
CT’s investigation into the terms of Standard Chartered Bank’s additional fines and restrictions on transaction services.