The Hong Kong-based retailer’s treasurer tells CT why he is partnering with his core cash management bank for improved data management and cost savings.
BAML’s Asia-Pacific head of transaction banking, Ivo Distelbrink, has parted ways with the US bank, CT has learnt. A successor has also been announced.
Bank of Tokyo Mitsubishi UFJ has hired Yong Lee Boon to run transaction banking in the region as the lender looks to grow its business in cash and trade.