Mox, the fifth of Hong Kong’s virtual banks, launched last month, showing a solid initial response. But what’s the future for the others and what’s in it for corporate treasurers?
If there’s one thing that corporate treasurers can count on, it’s that Hong Kong is awash with banking liquidity. With underpricing the enemy, it’ll pay to take the long view
Treasurers in Hong Kong are eyeing a US rate hike in September, but as uncertainty lingers – and the gap between the rates in HK and the US remains – the HKMA is left to bail out the currency.
Having just completed a bank guarantee via blockchain, the CFO of the company behind Australia's Westfield malls tells CT what’s needed to get the distributed ledger into the mainstream.
From a small Hong Kong office, a state-owned giant manages billions that bankroll global energy projects. Now, it's looking at taking its cash-pooling solutions global.
As the virtual currency's value explodes, one expert sees a day where it becomes a vital part of the treasury arsenal ... or even replaces the corporate treasurer entirely.