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.
Analysts at Fitch Ratings say Asia-Pacific banks' vulnerability rises as China’s growth is slowing and economists at multiple institutions cut GDP estimates for the country.
Dutch hydraulic-cylinder maker Hyva transacted its first renminbi inter-company loan from China to its headquarters, completing its application in just two-and-a-half weeks.